Flat for sale in London SE11, 2 Bedroom

London, London, UK

Quick Summary

Property Type:
Flat
Status:
For sale
Price
£ 165,000
Beds:
2
Baths:
1
County
London
Town
London
Outcode
SE11
Location
Cottington Street, London SE11
Marketed By:
L and Q Group
Posted
2018-10-02
SE11 Rating:


More Info?
Please contact L and Q Group on 01895 647014 or Request Details

Property Description

Full Market Value
£550,000

Share Value(30%)
£165,000

Monthly Rent
£575

Service Charge
£196

Minimum Income
£60,000

Minimum savings
£10,000



Shared ownership

A two bedroom flat situated on the second floor of a six storey purpose built block served by a lift and stairs. The property benefits from a balcony overlooking a park and secured allocated parking.

The property is located in an inner city environment close to local amenities and transport links.

The buyer will require a deposit to obtain a mortgage for this property.

This home is available to anyone that is affordable, minimum household income required £60,000 with a 10% deposit - you must be able to raise a mortgage. If you are affordable to buy more shares and have the deposit required by a mortgage lender to do this, you may only be able to proceed with the purchase subject to doing this.

Only applicants who are registered with London and Quadrant will be eligible to be offered the property for our schemes. If you are not registered please visit our website and register to obtain your unique reference number LQSO012345.

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.

Full market value – £550,000

You pay (30%) - £165,000

Monthly rent – £574.39

Service charge - £195.24

Ground rent payable - £100.00

125 year lease commenced in 01/04/2009 (116 years remaining)

Local Information

For a spot of shopping, Elephant & Castle Shopping Centre is within 0.7 miles offering a variety of shops.

For the ultimate shopping experience visit Oxford Street located 19 minutes away on the Bakerloo Line, offering a mix of high street shops, restaurants, bars, theatres and much more.

Kennington Cross is within 0.2 miles offering excellent restaurants and gastro pubs.

The river is 0.7 miles away whilst The Oval Cricket Ground is 0.6 miles away and Kennington Park 0.4 miles.

For your weekly food shop, Tesco is within 0.5 miles or Tesco Metro 0.1 miles.

For those who like to keep fit, Elephant & Castle Leisure Centre is within 0.4 miles.

Transport

Kennington Station is just approx. 250m down the road, providing access to the Northern line.

Elephant & Castle Station is within 0.7 miles with scheduled journey times to Kentish Town within 19 minutes, Luton Airport within 44 minutes, Sevenoaks within 58 minutes, Sutton within 1hr and 5 minutes and St Albans within 1hr and 20 minutes.

Elephant & Castle Tube station is within 0.7 miles offering links on the Bakerloo Line and Northern Line.

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. *Information on shopping, going out, leisure and transport obtained from Google and . Details as at June 2018.

Property Location

Location, Places and Walk Score

Marketed by L and Q Group

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Disclaimer Property descriptions and related information displayed on this page are marketing materials provided by L and Q Group. Properties365.uk does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact L and Q Group for full details and further information.

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