2 bed flat for sale

5 Purbeck Gardens, Lower Sydenham, London SE26

Bright, modern and spacious two-bedroom apartment now available in South London through Shared Ownership.

The property is on the third floor and comprises a living room with an open-plan fitted kitchen, two bedrooms with one being ensuite, and a large private balcony facing southeast. This could be ideal for a small family or a couple.

The flat also has allocated underground parking available.

Available for £215,000 for 50% share based on the marketing figure of £430,000.

Monthly rent - £534.19
Monthly Service Charge - £177.15
Total Monthly Charge - £711.34 plus mortgage required for 50% share.

An annual rent increase takes place every April

Location

The property is located in Lower Sydenham. There are many schools and activity clubs of different levels close to this property, making this ideal for families with young children.

This property has great travel routes into London's hotspots. One can be in London Bridge in 20 minutes by train via the Southeastern line or in half an hour by car. Kings Cross is only 30 minutes away via train, perfect for commuters.

Many restaurants and shops are nearby, where one can socialise with friends and family, making this a perfect place to live.

EPC rating

Energy rating band - B
Environmental impact band - A

Other information

This property is offered under Shared Ownership and is allocated on a first-come, first-served basis, subject to applicants meeting all eligibility and affordability criteria. However, in some cases, local authority planning agreements (Section 106) may apply, which could give priority to applicants who meet specific local connection requirements. A full allocation policy is available on your provider’s website or by contacting us directly. We encourage potential buyers to get in touch with any questions about the scheme or application process.

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.