2 bed flat for sale

New Lion Way, London SE17

Shared ownership

Full Market Value: £645,000

Share Value (25%): £161,250

Monthly Rent: £436.89

Service Charge: £412.48

Council Tax Band: E

250 year lease commenced January 2018 - 242 years remaining

EWS1 Certification available for this property - A2 rating

This bright and spacious two bedroom apartment consists of a stylish open-plan kitchen and living area, flooded with natural light from wide floor-length windows and door leading to private balcony. The kitchen is fitted with matt beige wall and base units, with under-cupboard lighting. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob, extractor fan and dishwasher. The spacious main double bedroom has floor-length windows as does the bright and airy second double bedroom. The 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 £58,827. 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 August 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.