Laurel Apartments, SE17 1HG

Shared Ownership

Full Market Value: £480,000

Share Value (30%): £144,000

Monthly Rent: £584.96

Service Charge: £251.51

Council Tax Band: D

990 year lease commenced October 2022 - 987 years remaining

EWS1 - form is available for the property - B1 rating

For a limited time, enjoy a £1,000 Ikea voucher to help with your move on this property*

L&Q welcomes you to view this two bedroom, 5th floor apartment.

This modern two apartment, which benefits from its own private balcony which has stunning views of the London Skyline. The property comprises a large hallway leading into the main reception area and kitchen with doors onto the private balcony. The kitchen is modern with wood effect units. The two double bedrooms are spacious.

Situated just off New Kent Road this apartment is well served with public transport with Borough and Elephant and Castle stations being just a mile away and with extensive local bus links into central London. London's famous East Street and Borough Markets and the more recently established Mercato Metropolitano are also just a short distance away. The property is also moments from the Elephant and Castle regeneration area which forms one of Europe's largest regeneration zones.

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 £58,588. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note thatapplicants 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 aproperty in one ofour schemes. In order to register, please visit our website lqhomes.com to register and 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 correctas of November 2024.

*The £1,000 Ikea voucher incentive is available for a limited time on all 2, 3 and 4 bedroom resales properties and is redeemable for any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee, and where the buyer is purchasing a higher share than is being sold. The vouchers (2 x £500) will be supplied within 75 days of completion of the purchase and will be E-Vouchers, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent or L&Q for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other resales shared ownership property.