2 bedroom flat for sale

Property reference number: 1638955

 

This is a stunning, 2-bedroom home with private parking, balcony, underfloor heating and bike storage is available in Southwark. The time remaining on the lease is 119 years.

 



A well designed and spacious apartment with views of the Palace of Westminster and the London Eye (perfect for royal fly-pasts and New Years fireworks). A sought after location in Zone 1 within walking distance of all London's major landmarks. Elephant Park (open space + shops, bars, restaurants), Kennington Park, Imperial War Museum & London Southbank are all within a short distance. Closest Supermarket - Sainsbury's local (200m).

 

A long-awaited 'town-centre' shopping complex within 250m of the apartment is due to finish construction within the next 2 years, offering many more amenities and will undoubtedly positively influence the value of property in the area.

Nearest Railway Station: Elephant & Castle stationBus Routes Nearby: 31, 12, 35, 40, 45, 53, 63, 68, 133, 136, 148, 155, 168, 171, 172, 176, 188, 196, 333, 343


The property comprises:

Living room: Open plan layout including kitchen and dining area with a door leading to the balcony. Walk in storage room plus separate Utility cupboard with space for washing machine/bed linen. Light-coloured matte laminate wood flooring throughout.Kitchen: Mid-grey wood units with stainless steel worktop, integrated appliances (Hotpoint integrated fridge & freezer units, Hotpoint black ceramic (electric) hob, Hotpoint silver/black integrated oven and Hotpoint integrated dishwasher). Mottled white/grey worktop with light-coloured matte laminate wood flooring throughout.Bedroom 1: Double bedroom with fitted wardrobe, large floorspace for dressing area and clothes storage. TV aerial socket, ethernet sockets. Grey carpet flooring with floor to ceiling windows.Bedroom 2: Double bedroom with floor to ceiling windows, grey carpet flooring and TV Aerial socket, ethernet sockets.Bathroom: Grey suite comprising panelled bath with shower head, fully tiled walls, WC and towel rail. Large grey tiles (same as walls). Built-in mirror over the sink + fixed large medicine/storage cabinet.Outside: secure underground private parking space (residents' discount 90% reduction for the congestion charge), secure cycle storage, balcony, communal garden

What happens after I register my interest?

You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form.

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What is Shared Ownership?

Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.



Financial information

Tenure: LeaseholdRemaining lease term: 119 YearsAnnual service charge amount: £3,641.52Annual ground Rent: £350Ground rent review period: Every 10 years from the commencement dateService charge review period: 1st April annuallyCouncil tax band: Band E

*Financial information is correct as of 4.10.23