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£87,500

2 bed flat for sale
Vickers Court, Parish Lane, Penge SE20

    • 2 beds

    • 1 bath

    • 1 reception

  • Shared ownership
  • Leasehold

L&Q - Pre Owned Shared Ownership Homes

Logo of L&Q - Pre Owned Shared Ownership Homes

About this property

  • Gas central heating (not tested)

  • Well maintained communal gardens

  • Communal storage for bicycles and buggies

  • Integrated oven/hob/extractor

Shared ownership

Full market value £350,000

You pay (25%) £87,500

Monthly rent: £827.54

Monthly service charge £154.34

Ground rent £100

Council Tax Band: C

125 year lease commenced in December 2015 - 116 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 spacious yet cosy 3rd floor apartment features double aspect crescent windows and architrave detailing. An east facing balcony accessed from the open plan kitchen and living room gives plenty of natural daylight. With long views over Beckenham and Sydenham local town and parks. Two generous bedrooms and a tiled bathroom with shower over the bath and extractor, complete the accommodation. The allocated parking and communal gardens are gated.

Close to local Cator Park & Alexandra Recreation ground, serviced by local high street amenities - library, supermarkets, coffee shops, local pubs and famous Alexandra Nurseries. Spa Beckenham Leisure centre 15 minutes walk away with further amenities on Beckenham high street including Odeon Cinema etc. The property is an 8 minute walk to Kent House station where south eastern railway gets into Victoria in 20 minutes. London Bridge from Clock house Station (15 minute walk). 10 minutes to Penge East and West Overground stations to East London. Alexandra Primary School is less than a mile away, and Harris Kent House approx 0.5 miles away.

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 £53,284. 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. In order to register, please visit our website to register and 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 February 2025.

More information

  • Tenure

    Leasehold (116 years)

  • Service charge

    £154 per month

  • Council tax band

    C

  • Ground rent

  • Ground rent date of next review

See all recent sales in SE20

Property descriptions and related information displayed on this page are marketing materials provided by - L&Q - Pre Owned Shared Ownership Homes. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact L&Q - Pre Owned Shared Ownership Homes for full details and further information.