Available

£127,500

London SE8 5EZ, London, , SE8 5EZ
Share 25% / Full price £510,000 / Min deposit £12,750

Apartment
2 bedrooms
1 bathroom

L&Q Group
0330 038 6486 Ext 5167
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Summary

Moeern two bedroom apartment, with private terrace, allocated parking and set in a great location.

Eligibility

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.

Description

** 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: £510,000

Share Value (25%): £127,500

Monthly Rent: £723.54

Service Charge: £204.41

Annual Ground Rent £300

Council Tax Band:

125 year lease commenced August 2017 - 116 years remaining

EWS1 - EWS1 Certification is available for this property - (B1)

L&Q welcomes you to view this two bedroom, ground floor apartment.

This bright and spacious two bedroom apartment consists of a stylish open-plan kitchen and living area, flooded with natural light from wide floor-length windows. The kitchen is fitted with cream wall and base units and oak effect worktops. The kitchen also benefits from integrated appliances. Spacious main double bedroom and a good sized second double bedroom with built in wardrobes. The bathroom comes complete with a white three-piece suite with a shower over bath and a stone tile surround with walnut effect panelling. Additional double storage cupboards in hallway. One allocated parking space.

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 perfectly for the amenities and transport of both Surrey Quays and Canada Water. An extensive range of local shops, supermarkets and facilities are within a short walk. A stroll brings you to the popular Docks area. Surrey Quays underground is a 10 minute walk, with fast connections to the City. South Bermondsey and Canada Water railway stations are approximately 20 minutes on foot.

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 £56,086. 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 January 2026.

Description

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L&Q Group
Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy Ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.
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£127,500 Shared Ownership Resale Full price £510,000
Estimated monthly cost £1,561
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