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2 bedroom apartment for sale

Available

Eyot House, SE16 4BP

£183,750 · Shared Ownership Resale

Share percentage 35%, full price £525,000, £18,375 Min Deposit.

Available
2 bedrooms
2 Bathrooms
Private Balcony
Floor plan
floor-plan
Floor plan
floor-plan
£183,750 Shared Ownership Resale · Eligibility Eligibility

Share percentage 35%, full price £525,000, £18,375 Min Deposit

Monthly Cost: £1,766
Rent £596, Service charge £242, Mortgage £928*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

£
Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £90,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.
Summary

A 6th floor, two-bedroom apartment in London.

Description

Property Features:

· Communal and wheelchair accessible entrance

· Entry system with additional access control to each floor, and lift access

· Dual aspect corner apartment

· Open plan kitchen and living space

· Kitchen with integrated appliances

· Two bedrooms

· Master bedroom and second bedroom both have built in wardrobes

· Family bathroom with shower over bath

· Ensuite

· Hallway storage cupboard

· South-facing balcony

· Floor to ceiling windows in the living area and master bedroom

Lease: Commenced 2010 with 125-year term

Council Tax Band: Southwark Council - E

Prior to viewing: All applicants must be registered and approved by Hyde New Homes and may be required to carry out a shared ownership affordability assessment.

Please note the rent and service charge is reviewed annually 01 April. Your home may be at risk if you do not keep up your mortgage and rent repayments. Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract. Areas, distances or measurements referred to are approximate. For confirmation of property details refer to the terms of the lease and plans from your solicitor. Hyde New Homes Resale properties are sold as seen. Please note that the Resales Team have not visited this property.

Key Features

Local Area:

· Walking distance to Bermondsey Tube Station, the Jubilee Line provides great access into Central London and Canary Wharf.

· Multiple bus stops, serving many routes.

· London Bridge is also walking distance.

· Bermondsey Spa medical practice (GP surgery) and a pharmacy are on the ground floor of the building.

· Southwark Park is nearby and there is a footpath along the south of the Thames towards Rotherhithe which is easily accessible.

· Fantastic location for foodies, Maltby Street food market and the internationally renowned restaurants of Bermondsey Street are all nearby.

Particulars

Tenure: Leasehold
Lease Length: 110 years
Council Tax Band: E

Property Downloads
Floor Plan Energy Certificate
Map
Bermondsey (0.21 miles) Rotherhithe (0.75 miles) Wapping (0.76 miles)
Material Information

Total rooms: 2

Furnished: Unfurnished

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: n/a

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

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.

£183,750
Shared Ownership Resale
Estimated Monthly Cost:£1,766
Rent £596
Service Charge £242
Mortgage £928

Share percentage 35%, full price £525,000, £18,375 Min Deposit. Calculated using a representative rate of 4.59%


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.