2 Bedrooms Flat for sale in Reculver Road, London SE16 | £ 126,000
Overview
| Price: | £ 126,000 |
|---|---|
| Contract type: | For Sale |
| Type: | Flat |
| County: | London |
| Town: | London |
| Postcode: | SE16 |
| Address: | Reculver Road, London SE16 |
| Bathrooms: | 1 |
| Bedrooms: | 2 |
Property Description
Full Market Value
£420,000
Share Value(30%)
£126,000
Monthly Rent
£561
Service Charge
£123
Minimum Income
£38,653
Minimum savings
£12,600
Shared ownership
Designed to the highest quality with the needs of modern day living taken into consideration. Close to amenities and transport links.
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 £38,653 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 – £420,000
You pay (30%) - £126,000
Monthly rent – £560.65
Service charge - £122.18
Ground rent payable - £100.00
125 year lease commenced in 01/04/2012 (118 years remaining)
Local Information
Surrey Quays Shopping Centre within 0.5 miles is a major haven for shopping in the area and comes complete with a Large Tesco Extra.
The Seven Island Leisure Centre in Lower Road has a large indoor swimming pool. Outdoor sports can be found at the Southwark Park Sports Complex within 0.8 miles. Southwark Park is 0.3 miles away.
There are a number of schools within the area.
Transport
Surrey Quays rail link (Zone 2) with frequent services on the London Overground.
Canada Water station on the Jubilee Line is 0.6 miles away.
South Bermondsey railway station is approx.. 7 minutes walk away.
For further information visit the Transport for London website on .
The A2 enables access travelling West to Bermondsey and Tower Bridge and South to Deptford and Greenwich and the Rotherhithe tunnel going North under the River Thames to Limehouse.
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 as at June 2019.
Property Location
Property Marketed by L and Q Group
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