1 bed flat for sale

Elder House, London SE16

Shared ownership

Full Market Value - £475,000

You Pay (35%) - £166,250

Monthly Rent - £649.03

Service Charge - £365.36

Annual Ground Rent - £100.00

Council Tax Band - D

250 year lease commenced in February 2018 - 242 years remaining

EWS1 certification is available for this block - B1 rating- We are now working with an independent panel of Fire Engineers to review any L&Q building inspections conducted by Tri Fire. Where the panel is not satisfied with the inspection and certificate awarded, we will instruct a new inspection of the building as soon as possible.

This larger than average one bedroom apartment offers a spacious open plan living area opening onto a good sized private balcony. The kitchen comprises high gloss units and fully integrated appliances. A double bedroom, with mirrored wardrobes and a contemporary family bathroom complete the accommodation along with a large walk-in store accessed from the hallway.

Elder House is ideally situated within a 'stone's throw' from Canada Water Station which provides services into a multitude of London stations in as little as 6 minutes. The local area is home to an abundance of amenities, including restaurants at nearby Surrey Quays Shopping Centre. Both Canada Water & Surrey Quays stations are an approximate 10-minute walk away, providing easy access to the overground and jubilee lines. Popular local schools include Alfred Salter Primary School & Bacon's College both rated 'Good' by Ofsted.

Quebec Quarter is home to a large ecological park and the development is surrounded by greenery. Just a short walk away is the Thames Path giving access to the River and Greenland Pier.

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 £69,147. 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 May 2025.