£125,000
1 bed flat for saleRodney Road, London SE17
1 bed
1 bath
1 reception
- Shared ownership
- Leasehold
L&Q - Pre Owned Shared Ownership Homes
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About this property
Private Balcony
24hr concierge service
Bike storage
Communal gym
Rooftop grow garden
Shared ownership
Full Market Value: £500,000
Share Value (25%): £125,000
Monthly Rent: £848.86
Service Charge: £529.85
Ground Rent: £-
Council Tax Band: D
125 year lease commenced December 2016 -116 years remaining
EWS1 certification is available for this property - B1 rating
This bright and airy dual aspect south east facing one bedroom apartment consists of a dual aspect open-plan kitchen and living area, which opens onto a private balcony. The generous double bedroom includes built in storage and there is a contemporary bathroom complete with a white three-piece suite with a shower over bath. Additionally, there are two storage cupboards in the spacious hallway.
The apartment is close to the very popular Sayer Street with its great cafes and restaurants. The 'almost complete' plans for Elephant & Castle span over 11 acres of new public spaces including, a new community garden, five public squares and central London's largest new park in 70 years.
Elephant & Castle provides Northern & Bakerloo underground lines, plus a mainline rail station that includes services to West Hampstead via Blackfriars, or south to Sevenoaks and Wimbledon. Thameslink is also close by. Frequent bus services are also available.
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 £74,586. 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 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 2025.
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More information
Tenure
Leasehold (117 years)
Service charge
£530 per month
Council tax band
D
Ground rent
Ground rent date of next review