£116,250
2 bed flat for salePurbeck Gardens, London, Greater London SE26
2 beds
- Shared ownership
- Leasehold
SO Resi - Resale
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About this property
Two bed apartment
En-suite room
X2 private balconies
Allocated parking
Available for 25% share
5% minimum deposit only
This bright, colorful, well decorated two bedroom apartment is now available in South-London through Shared Ownership.
The property on the first floor comprises an entrance hall with storage cupboards, a spacious living room with a modern open plan kitchen, two bedrooms (one en-suite) and a bathroom.
Outside there are two private balconies, allocated parking and communal spaces. Perfect for couples and small families.
Available for £116,250 for 25% share based on the marketing figure of £465,000.
Monthly rent - £950.99
Monthly Service Charge - £246.59
Total Monthly Charge - £1,197.58 plus mortgage required for 25% share.
An annual rent increase takes place every April
Location
The property is located in Lower Sydenham. There are many schools and activity clubs of different levels close to this property, making this ideal for families with young children.
This property has great travel routes into London's hotspots. One can be in London Bridge in 20 minutes by train via the Southeastern line or in half an hour by car. Kings Cross is only 30 minutes away via train, perfect for commuters.
Many restaurants and shops are nearby, where one can socialise with friends and family, making this a perfect place to live.
EPC rating
Energy rating band - B
Environmental impact band - B
Other information
How we allocate Shared Ownership homes
We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by so Resi and mtvh
You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.
If the home is managed by another provider
Visit their website to find their allocation policy. Contact us if you have any questions.
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
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More information
Tenure
Leasehold (118 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
Shared ownership percentage owned
25%