Ashton House
£168,000 for a 35% share
Property description
Good EPC Rating, Private Balcony, Parking available
Property address
Cottington Street, London, SE11 4BN
2 
1 Shared Ownership
Full Market Value: £480,000
Share Value (35%): £168,000
Monthly Rent: £692.90
Service Charge: £286.85
Council Tax Band: E
125 year lease commenced April 2009 - 109 years remaining
EWS1 - B2 Rating
L&Q welcomes you to view this two bedroom, first floor apartment.
This bright and spacious two bedroom apartment consists of a open-plan kitchen and living area, flooded with natural light from wide floor-length windows and door leading to private balcony. The kitchen is fitted with oak wall and base units and a grey effect worktop. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob and extractor fan. Spacious main double bedroom benefitting from built-in storage cupboards. Bright and airy second double bedroom. The bathroom comes complete with a white three-piece suite with a shower over bath and a stone tile surround. Additional double storage cupboards in hallway. Parking Available. This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.
This apartment is close to Kennington Underground station (Northern Line), Elephant & Castle Mainline and Underground stations (Bakerloo and Northern lines, plus overground services to Blackfriars and West Hampstead or to South London and beyond to Kent). Waterloo station and Lambeth North are also within easy reach, plus many local bus services. Together these offer excellent transport links to The City,Westminster, the Southbank, Kensington and Chelsea plus the river. Kennington Park is within short walking distance. Kennington Cross is also very close by, providing a selection of shops, restaurants, bars and cafes.
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 £67,543. If you are offered the home, 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 of November 2024.
This is an indication of how much these apartments might cost.
For more detailed information please register your interest in this property.
| Minimum Full Market Value | £480,000 |
|---|---|
| Minimum Share Percentage | 35% |
| Minimum Share Value | £168,000 |
| Monthly Service Charge | £287 |
| Minimum Deposit | £16,800 |
This apartment is close to Kennington Underground station (Northern Line), Elephant & Castle Mainline and Underground stations (Bakerloo and Northern lines, plus overground services to Blackfriars and West Hampstead or to South London and beyond to Kent). Waterloo station and Lambeth North are also within easy reach, plus many local bus services. Together these offer excellent transport links to The City,Westminster, the Southbank, Kensington and Chelsea plus the river. Kennington Park is within short walking distance. Kennington Cross is also very close by, providing a selection of shops, restaurants, bars and cafes.
Others
- Balcony
- Double Glazing
Parking
- Off street parking