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£171,000
Private Balcony, Great transport links
*** If you would like to arrange a viewing for this property please click to register your interest. If you have an eligible Shared Ownership application with L&Q, you will be sent the sellers contact information to arrange a viewing ***
Shared Ownership
Full Market Value: £380,000
Share Value (45%): £171,000
Monthly Rent: £454.35
Service Charge: £238.70
Annual Ground Rent: N/A
Council Tax Band: B
125 year lease commenced December 2005 - 105 years remaining
EWS1 Certification is available for this property - B1 Rating
L&Q welcomes you to view this one bedroom, 6th floor apartment.
This modern apartment, which benefits from its own private balcony which has stunning views of the London Skyline. The property comprises a hallway leading into the main reception area and kitchen with doors onto the private balcony. The kitchen is modern with wood effect units. The double bedrooms is spacious, a contemporary family bathroom completes the accommodation.
This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.
Situated just off New Kent Road this apartment is well served with public transport with Borough and Elephant and Castle stations being just a mile away and with extensive local bus links into central London. London's famous East Street and Borough Markets and the more recently established Mercato Metropolitano are also just a short distance away. The property is also moments from the Elephant and Castle regeneration area which forms one of Europe's largest regeneration zones.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £54,800. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.com and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of November 2025.
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