Available

£200,000

Sancroft St, London, , SE11 5UQ
Share 50% / Full price £400,000 / Min deposit £20,000

Apartment
1 bedroom
1 bathroom

L&Q Group
0330 038 6486 Ext 5167
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Summary

Beautiful one bedroom flat in a stunning setting with communal gardens.

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: £400,000

Share Value (50%): £200,000

Monthly Rent: £298.78

Service Charge: £163.23

Annual Ground Rent £100

Council Tax Band: B

123 year lease commenced July 1994 - 91 years remaining

EWS1 - Guidance from the Royal Institute of Chartered Surveyors (RICS) along with government guidance, means that an EWS1 form should not be required for this property. However, we cannot guarantee that Mortgage lenders, brokers and valuers are utilising the same criteria and a lender may request an EWS1 for this property. Please request advice from a mortgage broker when applying for a mortgage.

Welcome to this beautiful flat full of natural light, full of character and set in a great location. All rooms lead off the spacious hallway in this apartment. The dual aspect open plan living area, the kitchen fitted with modern units and workstops. The double bedroom benefits from a fitted wardrobe and the contemporary bathroom completes the accommodation.

This apartment is close to Kennington Underground station (Northern Line), Elephant & Castle Mainline and Underground stations (Bakerloo and Northern lines, plus overground services to Blackfriars and West Hampstead or to South London and beyond to Kent). Waterloo station and Lambeth North are also within easy reach, plus many local bus services. Together these offer excellent transport links to The City,Westminster, the Southbank, Kensington and Chelsea plus the river.

Kennington Park is within short walking distance. Kennington Cross is also very close by, providing a selection of shops, restaurants, bars and cafes.


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 £51,261. If you are offered the property, 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 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 at February 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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£200,000 Shared Ownership Resale Full price £400,000
Estimated monthly cost £1,454
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How is this calculated?

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