Flat for sale in London SE23, 2 Bedroom

Full Market Value
£390,000

Share Value(45%)
£175,500

Monthly Rent
£397

Service Charge
£144

Minimum Income
£44,177

Shared ownership

We consider this home to be in a sought after location, with great transport links into Central London. We feel the home is modern throughout and well maintained by the current shared owner. The property benefits from 2 bedrooms, fully fitted kitchen and a garage.

The buyer will require a deposit to obtain a mortgage for this property.

This home is available to anyone that is affordable, minimum household income required £44,177 with a 10% deposit - you must be able to raise a mortgage. If you are affordable to buy more shares and have the deposit required by a mortgage lender to do this, you may only be able to proceed with the purchase subject to doing this.

Only applicants who are registered with London and Quadrant will be eligible to be offered the property for our schemes. If you are not registered please visit our website and register to obtain your unique reference number LQSO012345.

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.

Full market value – £390,000

You pay (35%) - £175,500

Monthly rent – £397.06

Service charge - £144.12

Ground rent payable - £0

99 year lease commenced in 23/03/2006 (86 years remaining)

Local Information & Transport

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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. *Information on shopping, going out, leisure and transport obtained from Google and Details correct as of April 2019.

If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note; 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 the property for our schemes. Please ensure to keep a record of your unique registration number

You will require a deposit to obtain a mortgage for this property

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.