1 bedroom apartment for sale

Available

FLAT 11 St Georges Building, St Georges Road, SE1 6EP

£214,500 · Shared Ownership Resale

Share percentage 55%, full price £390,000, £10,725 Min Deposit.

Available
1 bedroom
1 Bathroom
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£214,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 55%, full price £390,000, £10,725 Min Deposit.

Monthly Cost: £1,752
Rent £322, Service charge £235, Mortgage £1,195*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £90,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.
Summary

We are pleased to offer this lovely 1 bedroom apartment in Southwark.

Description

Inside you are welcomed to a spacious entrance hallway, with plenty of space for shoes and coats as well as a storage cupboard. The hallway features lovely dark wood effect flooring which can be found throughout the property

Next up is the living room/dining area which is a welcoming space with lots of natural light thanks to it's large window. The space is large enough to accommodate separate living and dining areas if needed.

From here we move to the kitchen which features lots of counter top and storage space. It also has space for a washing machine.

We then move to the large double bedroom which has plenty of space for a large double bed and furniture.

Finally, you have the spacious bathroom complete with a shower over the bath.

Ideally located in Elephant and Castle, the property benefits from lots to do nearby, with a wealth of shops, cafes, bars and restaurants close to you and attractions like the Imperial War Museum & The Cinema Museum on your door step.

There is excellent transport links, too, with Elephant and Castle Underground Station a short 4 minute walk away providing Bakerloo and Northern Lines. You also have London Waterloo Station 17 minutes walk away, providing National Rail & Underground Services. You also have bus routes right outside your door and allocated parking should you wish to drive rather then take public transport.

The property has large living spaces, good storage and lots of natural light throughout. This, coupled with it's great transport links and allocated parking make this a highly desirable property. Don't miss out and register your interest today!

Key Information:

  • Full Market Value:£390,000
  • Share:£214,500,55%
  • Rent:£321.74
  • Service Charge:£234.67
  • Lease Length:156 Years
Key Features
  • Allocated Parking
  • Long Lease of 156 Years
  • Excellent Transport Links
  • Lots to do nearby
Particulars

Tenure: Leasehold
Lease Length: 156 years
Council Tax Band: C

Property Downloads
Key Information Document Floor Plan Energy Certificate
Map
Elephant & Castle (0.07 miles) Kennington (0.46 miles) Lambeth North (0.52 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£214,500
Shared Ownership Resale
Estimated Monthly Cost:£1,752
Rent £322
Service Charge £235
Mortgage £1,195

Share percentage 55%, full price £390,000, £10,725 Min Deposit. Calculated using a representative rate of 5.03%


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.