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£129,000

1 bed flat for sale
London 7Es, London SE16

    • 1 bed

    • 1 bath

    • 1 reception

Unfurnished
Shared ownership
Leasehold
Added on 02/12/2025

About this property

  • Private Balcony

  • Great Length of Lease

  • Communal Gardens

  • Close to Local Amenities

  • Close to Public Transport

  • Great Location

** If you would like to arrange a viewing for this property please click to register your interest. If you have an eligible Shared Ownership application with L&Q, you will be sent the sellers contact information to arrange a viewing**

Shared Ownership

Full Market Value: £430,000

Share Value (30%): £129,000

Monthly Rent: £698.96

Service Charge: £365.36

Annual Ground Rent £100

Council Tax Band: D

250 year lease commenced February 2017 - 240 years remaining

EWS1 - EWS1 Certification is available for this property - (B1)

L&Q welcomes you to view this one bedroom, first floor apartment.

This larger than average one bedroom apartment offers a spacious open plan living area opening onto a good sized private balcony. The balcony is great for relaxing or entertaining. The apartment is full of natural light with floor to ceiling mirrors in most rooms.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 £61,247. 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 November 2025.

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Monthly repayment

£645 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 (232 years)

  • Service charge

    £365 per month

  • Council tax band

    D

  • Ground rent

    £100

  • Ground rent date of next review

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