Kimmins Court

3 bedroom homes in Marine Street, London, Southwark, SE16 4BS

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Full price from £600,000
Min deposit from £24,000
Monthly rent from £491
Service charge from £271
Bedrooms 3
Bathrooms 1

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Overview

Property description:

The property comprises of; private entrance with front patio, front door leading to entrance hall, kitchen with integrated oven and hob and fridge freezer and dishwasher, open plan living/dining room with access to private rear patio area, three double bedrooms and a family bathroom with shower over bath. The property also benefits from two large airing cupboards and an outside storage unit.

Length of Lease:

Approx 120 Years

Council Tax Band:

Southwark Council - band E

Gross Internal Area:

80 Square Metres

Local area information

LOCAL AREA INFORMATION

• Situated on the popular Bermondsey Spa development.

• A five minute walk to Bermondsey Underground Station with direct services to Canary Wharf, Stratford and West London.

• Excellent bus services too many areas of London.

• Within walking distance of the bustling Bermondsey Street, Maltby Street Market, Shad Thames, Brewery Wharf, Southwark Park.

• Easy access to a variety of shops, restaurants, bars and other amenities.

Illustration by: James Halsall

Register Interest

Register your interest to be contacted by a housing provider. You will need to provide basic eligibility criteria during the register interest process.

Kimmins Court

3 bedroom homes in Marine Street, London, Southwark, SE16 4BS

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Full price from £600,000
Min deposit from £24,000
Monthly rent from £491
Service charge from £271
Bedrooms 3
Bathrooms 1

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Location

Housing Provider

Trusted by

Southern Complete Moves Mayor or London National Housing Federation Moat Homes