This property is no longer on the market
1 bedroom flat
Key information
Property description & features
- Tenure: Leasehold
- Last remaining 1 bedroom Shared Ownership apartment in our current phase
- £134,375 for a 25% share. Full market value £537,500
- Situated in Elephant & Castle, Southwark Zone 1 London
- A short walk to Elephant and Castle Train and Underground station
- Private outdoor space to all homes
- Fully inclusive specification with fully fitted kitchen
- Centred around a 2 acre new park – the largest new green space in central London
- Borough Market, Southbank, Parliament & London Eye are within 15 min walk
- *Eligibility criteria applies to this plot
Apartment 103
1 bedroom 1st floor apartment offering 51.7 sq.m of internal floor area with outdoor space. Register your interest to book a viewing.
Full market value: £537,500
25% share value: £134,375
10% deposit: £16,438
Maximum income: £52,825
IMPORTANT INFORMATION - In line with our planning agreement with Southwark Council, we are unable to accept applications from households where the maximum income exceeds £62,416 for a two-bedroom home for those units with a subsidised rent. We are not able to accommodate applicants who do not either live or work in the boroughs of Southwark, Lewisham, Greenwich, Bexley, or Bromley. It is a requirement that the monthly payments for this property are no more than 40% of the applicant's net income after any existing credit commitments. All calculations were made on a single income. 2 bed rent: 0.9%.
Elephant Park is a new residential development designed around a leafy landscape that boasts central London's largest new park in 70 years. Over the next ten years, working with Southwark Council, the Elephant will become London's most exciting new neighbourhood in a £1.5bn transformation, and by 2025, the area will welcome 3,000 new homes. The 9.7-hectare development will allow residents the convenience of a Zone 1 location, while bringing them closer to nature in a vibrant city neighbourhood.
Zone 1 Connections:
The Zone 1 location makes it one of the best-connected places in the capital. In addition to two tube lines (Bakerloo and Northern) via the nearby Elephant & Castle Station, it also benefits from proximity to a mainline train station and 28 bus routes. It is a six minute tube journey to the City and 11 minutes to the West End.
Parks:
Spanning 56 hectares, Burgess Park is Southwark's largest park. It is widely renowned for its heritage, sports facilities, lake, wildlife, design and horticultural excellence and even barbecues. Elephant Park features a large, open lawn for relaxing and playing games, with vibrant and colourful planting beds and rain gardens along the edges.
Community:
Elephant Park is committed to creating spaces for the community to use. Whether it's a fun day in the park, a business networking event or a charity fundraiser, there's space for everyone. Local hotspots such as The Tree House, Hej coffee shop and The Living Room @ Sayer Street will make you feel right at home in Elephant Park.
Viewings:
For those who would like to and are able to visit us, the Show Home is now open on an appointment-only basis, with extra measures in place to ensure your wellbeing. Please email us to book your appointment.
Places of interest
See more properties like this:
*DISCLAIMER
Property reference L&Q_L&Q at Elephant Park_3345_Plot 103* 25%. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by L&Q - L&Q at Elephant Park.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on July 8, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on July 8, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.