1/18
£107,500
Private balcony, Long lease, Close to transport links
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.
** 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: £430,000
Share Value (25%): £107.500
Monthly Rent: £616.35
Service Charge: £616.50
Ground Rent: £100
Council Tax Band: D
125 year lease commenced December 2017 -116 years remaining
EWS1 certification is available for this property
L&Q welcomes you to view this one bedroom, fourth floor apartment
This bright and airy one bedroom apartment consists of an open-plan kitchen and living area. Spacious main double bedroom with floor to ceiling window. The bathroom comes complete with a white three-piece suite with a shower over bath. One additional storage cupboard in hallway.
The apartment is close to the very popular Sayer Street with its great cafes and restaurants. The 'almost complete' plans for Elephant & Castle span over 11 acres of new public spaces including, a new community garden, five public squares and central London's largest new park in 70 years.
Elephant & Castle provides Northern & Bakerloo underground lines, plus a mainline rail station that includes services to West Hampstead via Blackfriars, or south to Sevenoaks and Wimbledon. Thameslink is also close by. Frequent bus services are also available.
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 £63,771. 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 March 2026.
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