1/22
£307,500
Purpose built apartment close to Beckenham High Street
You can apply to buy the home if all of the following apply:
- your household income is £90,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
SHARED OWNERSHIP
Full Market Value: £410,000
Share Value (75%): £307,500
Monthly Rent: £322.63
Service Charge: £266.77
Ground Rent : £100 pa
Council Tax Band: D
125 year lease commenced July 2015 - 114 years remaining
EWS1 CERTIFICATION IS AVAILABLE FOR THIS BLOCK - B1 RATING -We are now working with an independent panel of Fire Engineers to review any L&Q building inspections conducted by Tri Fire. Where the panel is not satisfied with the inspection and certificate awarded, we will instruct a new inspection of the building as soon as possible.
This bright and spacious well presented dual aspect first floor apartment consists of a stylish open-plan kitchen and living area, flooded with natural light from wide floor-length windows and door to a private west facing balcony. There are two well proportioned double bedrooms, one west facing and the second, east facing, with built in storage. A modern 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.
Located on Beckenham High Street, just moments away from an array of shops, bars, and restaurants. There are two stunning parks - Kelsey and Beckenham Place - just a short walk away and there are good schools and nurseries in the vicinity. Beckenham Junction station is just minutes away with access into London Victoria and Clock House station is under a mile away with access into London Bridge, Charing Cross, and Waterloo East.
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 £73,596. 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 December 2025.
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