Laurel Apartments
2 bedroom homes for sale in Townsend Street, Elephant & Castle, SE17 1HG
| Scheme | Shared ownership |
| Availability | For sale |
| Minimum share price from | £120,000 for a 25% share |
| Full price from | £480,000 |
| Minimum deposit from | £12,000 |
| Monthly rent from | £639 |
| Service charge from | £252 |
| Council tax band | D |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Features |
- Balcony
- Central heating
- Double Glazing
- Lift access
- Pets allowed
- Communal Garden
|
Overview
SHARED OWNERSHIP
Full Market Value: £480,000
Share Value (25%): £120,000
Monthly Rent: £639.47
Service Charge: £251.51
Council Tax Band: D
125 year lease commenced December 2005 - 106 years remaining
EWS1 form is available for the property - B1 rating
This modern apartment, which benefits from gas central heating (not tested), comprises a large hallway with three large storage cupboards, leading into the main reception area and kitchen with doors to a private balcony. Two double bedrooms, the master including a storage cupboard and a bathroom complete the accommodation.
Situated just off New Kent Road this apartment is well served with public transport with Borough and Elephant and Castle stations being just a mile away and with extensive local bus links into central London. London's famous East Street and Borough Markets and the more recently established Mercato Metropolitano are also just a short distance away. The property is also moments from the Elephant and Castle regeneration area which forms one of Europe's largest regeneration zones.
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 £56,078. If you are offered the property, 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. In order to register, please visit our website lqhomes.com to register and 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 September 2024 .
Local area information
Laurel Apartments
Situated just off New Kent Road this apartment is well served with public transport with Borough and Elephant and Castle stations being just a mile away and with extensive local bus links into central London. London's famous East Street and Borough Markets and the more recently established Mercato Metropolitano are also just a short distance away. The property is also moments from the Elephant and Castle regeneration area which forms one of Europe's largest regeneration zones.
Register your interest
Registering your interest or checking your eligibility means the information you provide will be passed to the relevant housing provider, so that they can contact you by email or telephone about your application.
This is not a credit check or full eligibility test.
