1 bedroom apartment for sale
Excalibur - Plot 121, SE6 1RN
Share percentage 25%, full price £322,000, £8,050 Min Deposit.
Share percentage 25%, full price £322,000, £8,050 Min Deposit.
Monthly Cost: £1,193
Rent £553,
Service charge £234,
Mortgage £406*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
First-floor, 1 bedroom Shared Ownership apartment covering 52sqm/560sqft - Exclusive offer available! Rent paid for up to 3-months when you reserve a new Shared Ownership home between 1 - 30 November
Description
Reserve a selected home between 2-31 January and receive up to £1,500 towards your buying costs plus £500 in vouchers to use after you've moved in*
Plot 121
First-floor 1 bedroom Shared Ownership apartment covering 52sqm/560sqft. Book your viewing today!
Full Market Value: £322,000
Shared Value (25%): £80,500
Minimum deposit: £8,050
Required income: £39,641
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.
L&Q terms and conditions apply. *Incentive terms and conditions apply. Offer is available on selected Shared Ownership properties only. Incentive amount is based on the property type and development. The buying cost will be paid by way of deduction from monies due at completion of the purchase. For full terms and conditions visit lqhomes.com/offers. Shared Ownership terms and conditions apply. Prices start from £79,750 for a 25% share of a 1 bedroom apartment at L&Q at Excalibur. Full market value of £319,000. Please visit lqhomes.com/sharedownership for more information.
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 closeby 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
Video Tour
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes
Outside Space/Garden: n/a - Private Balcony
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £322,000, £8,050 Min Deposit. Calculated using a representative rate of 4.59%
