Flat for sale in Arum House, London 1Fj SE17

Shared Ownership

Full Market Value: £640,000

Share Value (25%): £160,000

Monthly Rent: £728.14

Service Charge: £606.93

Council Tax Band: E

125 year lease commenced December 2015 - 116 years remaining

EWS1 certification is available for this property - B1 Rating

L&Q welcomes you to view this two bedroom, second floor apartment..

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, and a white stone effect worktop. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob, extractor fan and dishwasher. Spacious main double bedroom with floor-length windows. Bright and airy second double bedroom with floor-length windows. The bathroom comes complete with a white three-piece suite with a shower over bath and a tile surround and heated towel rail. Additional storage cupboards in hallway.

The apartment is close to the very popular Sayer Street with its great cafes and restaurants. The 'almost complete' plans for Elephant & Castle span over 11 acres of new public spaces including, a new community garden, five public squares and central London's largest new park in 70 years.

Elephant & Castle provides Northern & Bakerloo underground lines, plus a mainline rail station that includes services to West Hampstead via Blackfriars, or south to Sevenoaks and Wimbledon. Thameslink is also close by. Frequent bus services are also available.

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 £79,538. 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 July 2024.