2 bedroom apartment for sale
Beck House, SE17 1GR
Share percentage 25%, full price £610,000, £15,250 Min Deposit.
Share percentage 25%, full price £610,000, £15,250 Min Deposit
Monthly Cost: £2,182
Rent £920,
Service charge £492,
Mortgage £770*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Stylish apartment at Elephant & Castle, ideal for sharers.
Description
SHARED OWNERSHIP
Full Market Value: £610,000
Share Value (25%): £152,500
Monthly Rent: £958.16
Service Charge: £447.56
Council Tax Band: E
250 year lease commenced January 2018 - 243 years remaining
EWS1 Certification available for this property - A2 rating
Enter this beautifully presented apartment through a wide hallway which leads straight into the open-plan kitchen and living area, which is flooded with natural light from wide floor-length windows and door leading to a private balcony. The kitchen is fitted with matt beige wall and base units, with under-cupboard lighting and also benefits from integrated appliances including a fridge freezer, oven, hob, extractor fan and dishwasher. There are two well proportioned double bedrooms, one including built in storage. The contemporary bathroom comes complete with a white three-piece suite with a shower over bath. Additional storage cupboards in hallway.
Already a lively London neighbourhood, Elephant & Castle offers all the convenience of a zone 1 location. Known affectionately to locals as 'The Elephant', the area has a rich history stretching back to medieval times - and much more to offer to its residents. Capturing the colour, flavour & energy of a place that was once known as the 'Piccadilly of the South', life at Elephant Park is all about great community, good living and finding a place that really feels like home.
Located in a prime position in the heart of Central London, Elephant & Castle is an excellent transport hub, with one mainline train station, a Zone 1 tube station and links to 28 different bus routes.
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 £80,686. 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.com and 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 March 2025.
Key Features
- Long lease term
- Good EPC rating
- Integrated appliances
- Ample storage
Particulars
Tenure: Leasehold
Lease Length: 243 years
Council Tax Band: E
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual Tour
Map
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 25%, full price £610,000, £15,250 Min Deposit. Calculated using a representative rate of 4.59%