1 bedroom apartment for sale
Muro Court, SE1 0FH
Share percentage 50%, full price £500,000, £25,000 Min Deposit.
Share percentage 50%, full price £500,000, £25,000 Min Deposit
Monthly Cost: £1,906
Rent £269,
Service charge £375,
Mortgage £1,262*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Close to St George's Circus within walking distance of some of London's most iconic landmarks, such as the London Eye, Tate Modern, and Shakespeare's Globe Theatre.
Description
SHARED OWNERSHIP
Full Market Value - £500,000
You Pay (50%) - £250,000
Monthly Rent - £268.99
Service Charge - £374.94
Annual Ground Rent - £100
Council Tax Band: D
125 year lease commenced December 20011- 111 years remaining
EWS1 certification is available for this property - B1 rating
This well maintained apartment has a dual aspect, square open plan reception room with sliding doors to a private balcony overlooking the communal gardens. A good sized double bedroom comes complete with fitted storage and a tiled bathroom completes the accommodation.
Muro Court's central location places residents within walking distance of some of London's most iconic landmarks, such as the London Eye, Tate Modern, and Shakespeare's Globe Theatre. The proximity to the River Thames offers scenic views and leisurely riverside walks. The area is home to an eclectic mix of restaurants, cafes, and bars, catering to diverse tastes. From fine dining establishments to cosy coffee shops, there's something for every palate. Additionally, nearby markets and boutiques offer a unique shopping experience.
The area's proximity to the City of London makes it an ideal location for professionals. Numerous offices and co-working spaces provide convenient work options. Additionally, esteemed educational institutions, such as King's College London, are easily accessible.Under 10 minutes walk will take you to Waterloo station one of the largest interconnecting train stations in London, Southwark station and Elephant Castle where it is undergoing a £2billion shopping centre regeneration.
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 £71,409. 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.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 at February 2025.
Key Features
- Great location
- Close to local amenities
- Communal roof terrace with fantastic views across London
- Communal heating and hot water system
- Communal bicycle storage
- Integrated appliances
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: D
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
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 50%, full price £500,000, £25,000 Min Deposit. Calculated using a representative rate of 4.59%
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