Elderton House, SW2 1SW

SHARED OWNERSHIP

Full Market Value - £485,000

You Pay (30%) - £145,500

Monthly Rent - £800.80

Service Charge - £256.39

Annual Ground Rent - N/A

COUNCIL TAX BAND : D

LEASEHOLD : 990 year lease commenced April 2007 - 972 years remaining

EWS1 Certification is available for this block - B1 rating

Enter this well maintained apartment via a hallway including storage. The two double bedrooms are to your left. One has the benefit of built in storage and the other a dual aspect. The spacious dual aspect open plan reception area, which opens onto a private balcony, houses the kitchen, gives room for a dining table and also plenty of room for seating. A modern bathroom completes the accommodation.

Elderton House is situated within walking distance to the cafés, restaurants and local bars of Brixton. It is located moments from the open spaces at Brockwell Park . There are fantastic transport options with Brixton tube and overground stations less than a 10 minute walk away, as well as multiple buses that run up and down Brixton Hill into central London and Herne Hill station, all within walking distance.

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 £66,821. If you are offered the property, 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 January 2025.

*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.