Beck House
£152,500 for a 25% share
Property description
Purpose built apartment at Elephant & Castle Make this home your own, enjoy a £500 B&Q Voucher on completion*
Property address
New Lion Way, London, SE17 1GR
2 
1 Shared Ownership
SHARED OWNERSHIP
Full Market Value: £610,000
Share Value (25%): £152,500
Monthly Rent: £440.47
Service Charge: £412.48
Council Tax Band: E
250 year lease commenced January 2018 - 242 years remaining
EWS1 Certification is available for this property - A2 Rating
Make this home your own, enjoy a £500 B&Q Voucher on completion*
Enter this well presented two bedroom apartment via a spacious hallway, which leads into the open plan kitchen and living area, flooded with natural light from wide floor-length windows and door to a west facing private balcony overlooking the communal gardens. The kitchen is fitted with modern matt units and stylish worktops and features integrated appliances including a fridge freezer, oven, hob and extractor fan. There are two double bedrooms, and a contemporary family bathroom with a white three-piece suite with a shower over bath, completes the accommodation.
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 £60,766. 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 June 2025.
*The £500 B&Q Voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st August 2025 and then completes on the sale before 31st December 2025. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the Sole or Primary Purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. L&Q reserve the right to remove an incentive at any time.
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 | £610,000 |
|---|---|
| Minimum Share Percentage | 25% |
| Minimum Share Value | £152,500 |
| Monthly Service Charge | £412 |
| Minimum Deposit | £15,250 |
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