Augustus Court
£171,000 for a 45% share
Property description
Private balcony, great transport links, plenty of storage.
Property address
Augustus Court, Old Kent Road, London, SE1 4NY
1 
1 Shared Ownership
Shared Ownership
Full Market Value: £380,000
Share Value (45%): £171,00
Monthly Rent: £326.15
Service Charge: £225.99
Council Tax Band: B
125 year lease commenced December 2006 108 years remaining
EWS1 certification available - B1 Rating
L&Q welcomes you to view this one bedroom, seventh floor apartment.
This bright and spacious one bed apartment consists of a stylish open-plan kitchen and living area, flooded with natural light from wide floor-length windows with door leading to private balcony. The kitchen is fitted with matt grey wall and base units, with under-cupboard lighting, and a white stone effect worktop. The kitchen also benefits from integrated appliances including a oven, hob and extractor fan. Spacious main double bedroom benefitting from built-in storage cupboards. 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. 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.
Set on the Old Kent Road and therefore affording tremendous transport links via the local buses on your doorstep.Easy access to both London Bridge and Borough Stations, with the ever popular Bermondsey Street just moments away, along with numerous shops, restaurants and other attractions.
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 £53,375. 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 July 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 | £380,000 |
|---|---|
| Minimum Share Percentage | 45% |
| Minimum Share Value | £171,000 |
| Monthly Service Charge | £226 |
| Minimum Deposit | £17,100 |
Set on the Old Kent Road and therefore affording tremendous transport links via the local buses on your doorstep.Easy access to both London Bridge and Borough Stations, with the ever popular Bermondsey Street just moments away, along with numerous shops, restaurants and other attractions.
Others
- Balcony