Available

£325,000

Milcote Street, London, SE1 0FH
Share 50% / Full price £650,000 / Min deposit £32,500

Apartment
2 bedrooms
1 bathroom
Pets allowed

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Summary

Beautiful two bedroom apartment in great location.Private Balcony, Communal Roof Terrace

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

SHARED OWNERSHIP

Full Market Value: £650,000

Share Value (50%): £325,000

Monthly Rent: £335.48

Service Charge: £378.84

Annual Ground Rent: £100.00

Council Tax Band: E

125 year lease commenced December 2011- 110 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.]

** 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**

This well presented, first floor apartment has a dual aspect making it full of natural light. The open plan living area has a door to a private south east facing balcony large enough for both dining and relaxing. The kitchen is fitted with white high gloss units and has the benefit of fully integrated appliances. Both bedrooms are well proportioned and come complete with fitted storage as well as their own access to the balcony. A large modern family bathroom with a white three piece suite and shower over bath 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.

Muro Court's central location places residents within walking distance of some of London's most iconic landmarks, such as the London Eye, Tate Modern, and Shakespeare's Globe Theatre. The proximity to the River Thames offers scenic views and leisurely riverside walks. The area is home to an eclectic mix of restaurants, cafes, and bars, catering to diverse tastes. From fine dining establishments to cosy coffee shops, there's something for every palate. Additionally, nearby markets and boutiques offer a unique shopping experience.

The area's proximity to the City of London makes it an ideal location for professionals. Numerous offices and co-working spaces provide convenient work options. Additionally, esteemed educational institutions, such as King's College London, are easily accessible.Under 10 minutes walk will take you to Waterloo station one of the largest interconnecting train stations in London, Southwark station and Elephant Castle where it is undergoing a £2billion shopping centre regeneration.

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 £80,986. 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 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 at April 2026.

Description

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Key features

Material information

Key Information Document Floor plan
Local area information
Stations
Showing nearest stations
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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Monthly cost calculator
£325,000 Shared Ownership Resale Full price £650,000
Estimated monthly cost £2,327
£

How is this calculated?

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