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£236,500
This superb modern home is available to buy from as little as £236,500 with a 55% share!
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** This home can also be purchased outright (100% of the value) which is £430,000 and a purchaser would not need to meet the eligibility criteria listed above.
Nestled in the heart of London SE1, this beautifully presented one-bedroom duplex apartment on Rothsay Street offers modern city living within a vibrant and well-connected neighbourhood. Spanning approximately 619 sq ft (57.5 sq m), the home features a bright open-plan kitchen and reception room with direct access to a private balcony — perfect for relaxing or enjoying your morning coffee. The spacious double bedroom provides ample room for both sleeping and working from home, while the sleek bathroom and well-designed layout add to the property’s sense of comfort and functionality.
Ideally located, the property is just a short walk from Bermondsey, London Bridge and Borough stations, providing excellent transport links across London and beyond. The area is rich with local amenities, including the lively Borough Market, Maltby Street Market, and a wide choice of cafes, restaurants, and independent shops. Green spaces such as Leathermarket Gardens and Southwark Park are nearby, offering a welcome escape from city life.
PRICING & AFFORDABILITY
Full Market Value: £430,000
55% Share Price: £236,500 (rent £848.02pcm)
Minimum 5% Mortgage Deposit (55% share): £11,825
Approximate Service Charges: £269.21pcm*
Lease: 109 years
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
Sown Shared Ownership