2 bedroom apartment for sale
Avebury Court, 12 Debnams Road, Southwark, SE16 2AX
Share percentage 50%, full price £430,000, £21,500 Min Deposit.
Share percentage 50%, full price £430,000, £21,500 Min Deposit
Monthly Cost: £1,843
Rent £410,
Service charge £348,
Mortgage £1,085*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
As a guide you will need to have a household income of at least £60,176. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £21,500. Total approximate savings required £25,500.
Important Borough Specific Eligibility Criteria
Southwark
All London applicants will be considered with priority given to people who live/work in the borough.
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
Two-bedroom 2nd floor apartment in Southwark available through Shared Ownership for a share of 50% at £215,000, full market price at £430,000.
Description
Two-bedroom 2nd floor apartment in Southwark available through Shared Ownership for a share of 50% at £215,000, full market price at £430,000. Located on a quiet road, the apartment is bright and sunny with south-facing kitchen and living room, featuring a winter garden, secure gated parking and a bike storage. Located next to Southwark Park offering abundant green space with a tennis court, athletic centre, gym, boating lake, galleries and a cafe. It is only a short walk from the river Thames, Canada Water, Bermondsey and London Bridge.
Internal
Bedroom 1
Bedroom 2
Living room/Kitchen
Bathroom
External
Private Balcony
GIA
67 sqm
EPC rating
C
Lease
89 years remaining
Borough
Southwark
Key Features
Transport
Bermondsey underground and Surrey Quays overground stations.
Canada Water Tube Station (Jubilee Line), and South Bermondsey Train Station.
The apartment is located a short stroll from a wide varieties of local independent artisan shops, cafes and breweries by the rail arches.
Particulars
Tenure: Leasehold
Lease Length: 89 years
Council Tax Band: D
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Yes
Dishwasher: Yes
Fridge/Freezer: Enquire with provider
Parking: Yes
Outside Space/Garden: Yes - 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 50%, full price £430,000, £21,500 Min Deposit. Calculated using a representative rate of 4.59%
