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1 bedroom apartment for sale

Available

L&Q at Elephant Park - Plot 202, Heygate Street, SE17 1FJ

£158,125 · Shared Ownership New Build

Share percentage 25%, full price £632,500, £15,813 Min Deposit.

Available
1 bedroom
1 Bathroom
Final phase available!
Floor plan
floor-plan
Floor plan
floor-plan
£158,125 Shared Ownership New Build

Share percentage 25%, full price £632,500, £15,813 Min Deposit

Monthly Cost: £5,668
Rent £534, Service charge £4,336, Mortgage £798*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

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Summary

NEW RELEASE! Ready to move into. Open plan living space, integrated appliances, underfloor heating & private balcony. Central Zone 1 location less than 5 minute walk to Elephant & Castle station.

Description

Belfield Mansions - Apartment 202
2 bedroom, 2nd floor apartment offering 66.2 sq.m of internal floor area with outdoor space. Register your interest to book a viewing.

  • Full market value: £632,500
  • 25% share value: £158,813
  • 10% deposit: £15,813
  • Rent pcm: £534
  • Service charge pcm: £435.63
  • Minimum income: £57,000

Elephant Park is a new residential development designed around a leafy landscape that boasts central London's largest new park in 70 years. Working with Southwark Council, the Elephant will become London's most exciting new neighbourhood with 3,000 new homes in a £1.5bn transformation. The 9.7-hectare development will allow residents the convenience of a Zone 1 location, while bringing them closer to nature in a vibrant city neighbourhood.

Residents will be able to enjoy a host of new café, bars, restaurants, shops and entertainment on their doorstep.

The Zone 1 location makes it one of the best-connected places in the capital. In addition to two tube lines (Bakerloo and Northern) via the nearby Elephant & Castle Station, it also benefits from proximity to a mainline train station and 28 bus routes. It is a six minute tube journey to the City and 11 minutes to the West End.

Key Features
  • Ready to move into
  • Underfloor heating
  • Integrated appliances
  • Master bedroom with fitted wardrobe
  • Private outdoor space
  • Less than 5 minute walk to Elephant & Castle station for the Bakerloo & Northern line
  • Centred around a 2 acre new park – the largest new green space in central London
  • Borough Market, Southbank, Parliament & London Eye are within 15 min walk
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: New build - Council tax band to be determined

Property Downloads
Floor Plan
Map
Elephant & Castle (0.40 miles) Kennington (0.56 miles) Borough (0.61 miles)
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

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.

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  • 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.

£158,125
Shared Ownership New Build
Estimated Monthly Cost:£5,668
Rent £534
Service Charge £4,336
Mortgage £798

Share percentage 25%, full price £632,500, £15,813 Min Deposit. Calculated using a representative rate of 4.59%


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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.