Octavia Apartments
£180,000 for a 25% share
Property description
Long Lease Term - Excellent Transport Links - Private Balcony
Property address
Octavia Apartments, London, SE17 1GX
2 
1 Shared Ownership
Shared Ownership
Full Market Value: £720,000
Share Value (25%): £180,000
Monthly Rent: £946.41
Service Charge: £496.03
Council Tax Band: E
250 year lease commenced January 2018 - 243 years remaining
EWS1 - This property has an EWS1 Certification available and is an A1 Rating.
L&Q welcomes you to view this two bedroom, sixth floor apartment.
This bright and spacious apartment consists of a stylish open-plan kitchen and living area, flooded with natural light from wide floor-length windows which opens up onto a private balcony. The kitchen is fitted with matt beige wall and base units, with under-cupboard lighting, slate grey tile splashback, and a grey worktop. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob, extractor fan and dishwasher. Spacious main double bedroom benefitting from a built-in wardrobe. Bright and airy second bedroom with floor-length windows. The bathroom comes complete with a white three-piece suite with a shower over bath and a stone tile surround. 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. Situated in the heart of a prime Zone 1 location, L&Q at Elephant Park is a Londoner's dream. A five minute walk from the development is Elephant & Castle Underground station with direct connections to the West End or the City in a matter of minutes as well as a multitude of bus routes located around the development.
At the centre of the development is a new park. Elephant Park - a beautifully landscaped central London green space hosting various community events throughout the year. It also offers access to a buzzing restaurant scene that brings together diverse local cuisines from the far corners of the world.
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 £87,135. 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 May 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 | £720,000 |
|---|---|
| Minimum Share Percentage | 25% |
| Minimum Share Value | £180,000 |
| Monthly Service Charge | £496 |
| Minimum Deposit | £18,000 |
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. Situated in the heart of a prime Zone 1 location, L&Q at Elephant Park is a Londoner's dream. A five minute walk from the development is Elephant & Castle Underground station with direct connections to the West End or the City in a matter of minutes as well as a multitude of bus routes located around the development.
At the centre of the development is a new park. Elephant Park - a beautifully landscaped central London green space hosting various community events throughout the year. It also offers access to a buzzing restaurant scene that brings together diverse local cuisines from the far corners of the world.
Others
- Balcony
- Central heating
- Double Glazing
Outside space
- Communal Garden