£246,000
2 bed flat for sale51 Silwood Street, South Bermondsey SE16
2 beds
1 bath
1 reception
Just added
Shared ownership
Pets allowed
Leasehold
About this property
Great cul-de-sac location
Good transport links
Communal heating
Utility cupboard
Access to two communal gardens
Bike storage available
Millwall Football Stadium is a 7 minute walk away
Shared ownership
Full market value: £410,000
You pay (60%): £246,000
Monthly rent: £421.03
Monthly service charge: £300.64
Annual ground rent: £100
Council Tax Band: C
125 year lease commenced April 2012 - 110 years remaining
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.
Enter this ground floor apartment via a bright hallway with two storage cupboards including a utility area. A generous dual aspect reception room opens onto a private terrace with room for table and chairs. The modern kitchen incorporates integrated appliances. Find two double bedrooms, the master having benefit of sliding door wardrobes. A family bathroom with shower over bath, serves the two bedrooms.
This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.
Silwood Street has excellent transport links for your daily commute into Central London and Canary Wharf. It's a short walk to Canada Water Tube Station (Jubilee Line, Zone 2) and Surrey Quays Station (London Overground). The nearest railway station is South Bermondsey, approximately 500 yards away. The Waterloo 'cycle quiet way' is moments away.
The surrounding area features a plethora of local amenities such as restaurants, bars, cafés, local markets and parks including Southwark Park.
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 £68,211. 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 June 2026.
Local Area Information
Silwood Street has excellent transport links for your daily commute into Central London and Canary Wharf. It's a short walk to Canada Water Tube Station (Jubilee Line, Zone 2) and Surrey Quays Station (London Overground). The nearest railway station is South Bermondsey, approximately 500 yards away. The Waterloo 'cycle quiet way' is moments away.
The surrounding area features a plethora of local amenities such as restaurants, bars, cafés, local markets and parks including Southwark Park.
Full market value: £410,000
You pay (60%): £246,000
Monthly rent: £421.03
Monthly service charge: £300.64
Annual ground rent: £100
Council Tax Band: C
125 year lease commenced April 2012 - 110 years remaining
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.
Enter this ground floor apartment via a bright hallway with two storage cupboards including a utility area. A generous dual aspect reception room opens onto a private terrace with room for table and chairs. The modern kitchen incorporates integrated appliances. Find two double bedrooms, the master having benefit of sliding door wardrobes. A family bathroom with shower over bath, serves the two bedrooms.
This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.
Silwood Street has excellent transport links for your daily commute into Central London and Canary Wharf. It's a short walk to Canada Water Tube Station (Jubilee Line, Zone 2) and Surrey Quays Station (London Overground). The nearest railway station is South Bermondsey, approximately 500 yards away. The Waterloo 'cycle quiet way' is moments away.
The surrounding area features a plethora of local amenities such as restaurants, bars, cafés, local markets and parks including Southwark Park.
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 £68,211. 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 June 2026.
Local Area Information
Silwood Street has excellent transport links for your daily commute into Central London and Canary Wharf. It's a short walk to Canada Water Tube Station (Jubilee Line, Zone 2) and Surrey Quays Station (London Overground). The nearest railway station is South Bermondsey, approximately 500 yards away. The Waterloo 'cycle quiet way' is moments away.
The surrounding area features a plethora of local amenities such as restaurants, bars, cafés, local markets and parks including Southwark Park.
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Monthly repayment
£1,230 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (110 years)
Service charge
£301 per month
Council tax band
C
Ground rent
£100
Ground rent date of next review
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