A new pathway home with Share to Buy
|

1 bedroom apartment for sale

Available

Solarium Court, 105 Alscot Road, SE1 3AW

£125,000 · Shared Ownership Resale

Share percentage 50%, full price £250,000, £6,250 Min Deposit.

Available
1 bedroom
1 Bathroom
Communal Terrace
£125,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 50%, full price £250,000, £6,250 Min Deposit.

Monthly Cost: £1,083
Rent £207, Service charge £180, Mortgage £696*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

£
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

Lovely one bedroom apartment in Southwark

Description

This lovely shared ownership resale purpose built one bedroom apartment forms part of the iconic Solarium Court, a wonderful art deco building designed by Henry Tansley and opened in 1936. Originally designed as a municipal health clinic, the building’s façade features elegant stepped brickwork, sleek Crittall windows, art deco tiling and a sculpture by Edgar Allan Howes.

The property is located on the ground floor of the building. The kitchen/diner and lounge has a open plan design making it a great space to relax or entertain in. The bedroom is bright with 2 windows for natural light. The fitted bathroom comes with WC, sink and over the bath shower.

Solarium Court has a secluded communal courtyard and a fabulous communal roof terrace with far-reaching views of the city skyline. It is a short walk from Bermondsey Street, Maltby Street Market and Bermondsey Spa Gardens.

Many of London’s most illustrious cultural institutions including Tate Modern, the Southbank Centre and Shakespeare’s Globe Theatre are within walking distance of the apartment. There are free public tennis courts in Tanner Street Park.

The City is a 30-35 minute walk across London Bridge or Tower Bridge.

Transport links are plentiful. London Bridge station is around 20 minutes’ walk for Northern and Jubilee underground lines and National Rail services nationwide and Bermondsey (Jubilee) station offering easy access to The City, Canary Wharf and West End.

The locally renowned number 1 bus is literally on your doorstep and takes you to Tottenham Court Road via Elephant and Castle and Waterloo.

Lease - 99 years from 1991 - Please note, this is only 66 years left on the lease

Total Area - 32 sqm

Rent and Service charge reviewed each April. Charges shown are effective as of 1 April 2024.

Key Features
  • Ground floor 1 bed apartment
  • 1930's art deco building
  • Open plan kitchen/diner and lounge
  • Roof Terrace with fabulous viewing over London
  • Close to good transport links and amenities
  • Easy access to City and Central London
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified

Map
Bermondsey (0.56 miles) London Bridge (0.92 miles) South Bermondsey (0.95 miles)
Material Information

Total rooms:

Furnished: Unfurnished

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: No

Outside Space/Garden: Yes - Communal Terrace

Year property was built: Enquire with provider

Unit size: 32 sq metres

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

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.

Read More Read Less
  • 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.

£125,000
Shared Ownership Resale
Estimated Monthly Cost:£1,083
Rent £207
Service Charge £180
Mortgage £696

Share percentage 50%, full price £250,000, £6,250 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.