1/34
£166,000
Private Balcony - Well Connected - Communal Gardens
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: £415,000
Share Value (40%): £166,000
Monthly Rent: £623.72
Service Charge: £288.83
Annual Ground Rent: N/A
Council Tax Band: C
125 year lease commenced April 2008 - 106 years remaining
Tri-Fire EWS1 - 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.
L&Q welcomes you to view this two bedroom, fourth floor apartment.
This bright and spacious detached apartment consists of a separate kitchen and living area/dining area. The kitchen is fitted with beach wood effect wall and base units, with a granite effect worktop. The kitchen also benefits from integrated appliances including a oven, hob and extractor fan, with space for a fridge freezer, washing machine and dishwasher. Two spacious double bedrooms. The bathroom comes complete with a white three-piece suite with a shower over bath and a white tile surround.
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.
The property is ideally located just moments from the amenities along Lower Road and a short stroll from Surrey Quays station, South Bermondsey station is a short walk away, while Canada Water station is just a 16-minute commute, which benefits from access to the Jubilee line (only one stop to Canary Wharf and two stops to London Bridge) and also the London Overground service (direct links to Highbury & Islington via Shoreditch High Street near Liverpool Street).
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 £61,885. 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.
