2 bedroom apartment for sale
Excalibur - Plot 112, SE6 1RN
Share percentage 25%, full price £427,000, £10,675 Min Deposit.
Share percentage 25%, full price £427,000, £10,675 Min Deposit.
Monthly Cost: £1,551
Rent £734,
Service charge £266,
Mortgage £551*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
Summary
Just launched - Second-floor 2 bedroom Shared Ownership apartment covering 70sqm/753sqft - Book a view today! Reserve this July and receive £1,000 towards buying costs on selected homes*!
Description
Plot 112 - Reserve this July and receive £1,000 towards buying costs on selected homes*!
Second-floor 2 bedroom Shared Ownership apartment covering 70sqm/753sqft with a deposit as low as £10,675 - Register your interest today.
Full Market Value: £427,000
Shared Value (25%): £106,750
Minimum deposit: £10,675
Required income: £51,500
Where convenience meets connection. Explore the beating heart of South East London with Excalibur.
Excalibur is transforming this corner of South East London and creating a new community in partnership with Lewisham Council. It sets new standards for housing in the area by creating a great neighbourhood that residents will be proud to call their home.
Set in the flourishing and well-connected location of Catford, Excalibur brings the vibrant city lifestyle right to your door. This charming urban collection of 1 & 2 bedroom apartments and houses is part of a dynamic community buzzing with independent shops, cafés, and nightlife.
Melding comfort with contemporary design, every home features spacious rooms bathed in natural light and a private outside space to relax in. Each apartment is laid out to accommodate a modern lifestyle, and finished to a high specification with fully integrated appliances.
Connecting the thrilling energy of London with all the comforts of home, Excalibur is a place where you can truly live.
What is Shared Ownership?
Shared Ownership allows you to buy a home, in an affordable way, in the area you know and love. It allows you to buy a share of your home - between 25% and 75%, with as little as a 5% deposit. You pay a mortgage on the share you own and rent the remaining share at a subsidised rate. You can increase your share in your home and staircase up to a larger share, and eventually full ownership.
Register your interest today.
*Offer available on selected homes when reserving between 1 - 31 July 2024. Subject to availability. Incentive terms and conditions apply, for more information visit https://lqhomes.com/excalibur/
Key Features
- Parking available to selected homes
- Fully integrated appliances with private outdoor spaces
- 6mins cycle to nearby Hither Green station
- Only 11mins cycle to Catford Bridge station, Zone 3
- London Bridge is only 12mins from Catford Bridge station
- Enjoy leisurely strolls through close by scenic Mountsfield Park and Ladywell Fields
- Pet-friendly environment
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: Not specified
Property Downloads
Floor PlanVirtual Tour
Map
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 25%, full price £427,000, £10,675 Min Deposit. Calculated using a representative rate of 4.80%
