Studio apartment for sale
283 Kennington Lane, Oval, SE11 5SQ
Share percentage 25%, full price £475,000, £11,875 Min Deposit.
Share percentage 25%, full price £475,000, £11,875 Min Deposit.
Monthly Cost: £1,752
Rent £928,
Service charge £212,
Mortgage £612*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
Summary
Stunning development of spacious apartments with a roof terrace, residents gym and a concierge
Description
- Studios from £118,750 for a 25% share (full market value £475,000)
- 1-bedroom apartment from £136,250 for a 25% share (full market value £545,000)
- 2-bedroom apartment from £177,500 for a 25% share (full market value £710,000)
- Roof terrace and podium garden connecting residents with nature within the development
- Residents' gym*, concierge and bookable meeting room for wellness and convenience
- 12-minute walk to the River Thames*
- 6-minutes to Bank, 9-minutes to London Bridge via the Underground*
What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought-after location.
Want to find out more?
For more information about Zone at Oval Village, register your interest, complete an affordability assessment and be one of the first to book a viewing!
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Floor Plan Brochure BrochureVirtual 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 £475,000, £11,875 Min Deposit. Calculated using a representative rate of 4.80%
