Beck House
£160,000 for a 25% share
Property description
Stylish apartment at Elephant & Castle, ideal for sharers
Property address
New Lion Way, Elephant & Castle, SE17 1GR
2 
1 Shared Ownership
SHARED OWNERSHIP
Full Market Value: £640,000
Share Value (25%): £160,000
Monthly Rent: £940.42
Service Charge: £491.69
Council Tax Band: E
250 year lease commenced January 2018 - 243 years remaining
EWS1 Certification available for this property - A2 rating
Enter this beautifully presented apartment through a wide hallway which leads straight into the open-plan kitchen and living area, which is flooded with natural light from wide floor-length windows and door leading to a private balcony. The kitchen is fitted with matt beige wall and base units, with under-cupboard lighting and also benefits from integrated appliances including a fridge freezer, oven, hob, extractor fan and dishwasher. There are two well proportioned double bedrooms, one including built in storage. The contemporary bathroom comes complete with a white three-piece suite with a shower over bath. Additional storage cupboards in hallway.
Already a lively London neighbourhood, Elephant & Castle offers all the convenience of a zone 1 location. Known affectionately to locals as 'The Elephant', the area has a rich history stretching back to medieval times - and much more to offer to its residents. Capturing the colour, flavour & energy of a place that was once known as the 'Piccadilly of the South', life at Elephant Park is all about great community, good living and finding a place that really feels like home.
Located in a prime position in the heart of Central London, Elephant & Castle is an excellent transport hub, with one mainline train station, a Zone 1 tube station and links to 28 different bus routes.
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 £82,314. 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 December 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 | £640,000 |
|---|---|
| Minimum Share Percentage | 25% |
| Minimum Share Value | £160,000 |
| Monthly Service Charge | £492 |
| Minimum Deposit | £16,000 |
Already a lively London neighbourhood, Elephant & Castle offers all the convenience of a zone 1 location. Known affectionately to locals as 'The Elephant', the area has a rich history stretching back to medieval times - and much more to offer to its residents. Capturing the colour, flavour & energy of a place that was once known as the 'Piccadilly of the South', life at Elephant Park is all about great community, good living and finding a place that really feels like home.
Located in a prime position in the heart of Central London, Elephant & Castle is an excellent transport hub, with one mainline train station, a Zone 1 tube station and links to 28 different bus routes.
Others
- Balcony
- Central heating
- Double Glazing
- Lift access
Outside space
- Communal Garden