2 bedroom apartment for sale
Ashton House, SE11 4BN
Share percentage 35%, full price £470,000, £16,450 Min Deposit.
Share percentage 35%, full price £470,000, £16,450 Min Deposit.
Monthly Cost: £1,809
Rent £692,
Service charge £287,
Mortgage £830*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Good EPC Rating, Private Balcony, Parking available
Description
Full Market Value: £470,000
Share Value (35%): £164,500
Monthly Rent: £692.90
Service Charge: £286.85
Council Tax Band: E
125 year lease commenced April 2009 - 109 years remaining
EWS1 - B2 Rating
L&Q welcomes you to view this two bedroom, first floor apartment.
Thisbright andspacioustwo bedroom apartment consistsof aopen-plan kitchen and living area, flooded with natural light from wide floor-length windows and door leading to private balcony. The kitchen is fitted with oak wall and base units and a grey effect worktop. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob and extractor fan. Spacious main double bedroom benefitting from built-in storage cupboards. Bright and airy second double bedroom. The bathroom comes complete with a white three-piece suite with a shower over bath and a stone tile surround. Additional double storage cupboards in hallway. Parking Available. 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.
This apartment is close to Kennington Underground station (Northern Line), Elephant & Castle Mainline and Underground stations (Bakerloo and Northern lines, plus overground services to Blackfriars and West Hampstead or to South London and beyond to Kent). Waterloo station and Lambeth North are also within easy reach, plus many local bus services. Together these offer excellent transport links to The City,Westminster, the Southbank, Kensington and Chelsea plus the river. Kennington Park is within short walking distance. Kennington Cross is also very close by, providing a selection of shops, restaurants, bars and cafes.
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 £67,543. If you are offered the home, 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.comand 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 of September 2024.
Key Features
- Storage cupboard in hallway
- Entry phone system
- Gas central heating (not tested)
- Double glazing
- Secure bicycle storage and communal patio area
- Parking available
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: E
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
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 35%, full price £470,000, £16,450 Min Deposit. Calculated using a representative rate of 4.59%
