Flat for sale in Ashton House, Cottington St, London SE11

Shared ownership

Full market value - £500,000

You pay (45%) - £225,000

Monthly Rent - £552.81

Monthly Service Charge - £286.85

Annual Ground Rent - £100

125 year lease commenced in April 2019 (120 years remaining)

New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.

This apartment is close to Kennington Underground station (Northern Line), Elephant & Castle Mainline and Underground stations (Bakerloo and Northern lines, plus overground services to Blackfriars and West Hampstead or to South London and beyond to Kent). Waterloo station and Lambeth North are also within easy reach, plus many local bus services. Together these offer excellent transport links to The City, Westminster, the Southbank, Kensington and Chelsea plus the river. Kennington Park is within short walking distance. Kennington Cross is also very close by, providing a selection of shops, restaurants, bars and cafes.

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 £73,802. 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. 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 April 2024.