£120,000

This bright, modern two-bedroom apartment is now available in South East London through Shared Ownership.

The property on the second floor comprises an entrance hall with storage cupboards, a spacious living room with an open plan kitchen, two good sized bedrooms (one en-suite) and a bathroom.

Outside, there is a private balcony. Perfect for couples and small families.

Available for £120,000 for 25% share based on the marketing figure of £480,000.

Monthly rent - £965.08
Monthly Service Charge - £179.67
Total Monthly Charge - £1,144.75 plus mortgage required for 25% share.

An annual rent increase takes place every April

Living in Auckland Rise, offers a unique mix of city life and peaceful surroundings. The area is known for its beautiful homes and friendly neighbourhoods, making it a great place for families and individuals. There are many parks nearby where kids can play and adults can enjoy nature.

Local shops and cafes are not far from this property. Public transport is easily accessible, allowing people to travel to central London quickly for work or fun.

Overall, Auckland Rise is a lovely place to live, blending the excitement of city life with a warm, welcoming atmosphere that feels like home.

Energy rating band - B

Environmental rating band - B

Years remaining on lease: 994

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.

This property is offered under Shared Ownership and is allocated on a first-come, first-served basis, subject to applicants meeting all eligibility and affordability criteria. However, in some cases, local authority planning agreements (Section 106) may apply, which could give priority to applicants who meet specific local connection requirements. A full allocation policy is available on your provider’s website or by contacting us directly. We encourage potential buyers to get in touch with any questions about the scheme or application process.