The Levers

2 bedroom homes in Amelia Street, Elephant & Castle, Southwark, SE17 3PY

Tenure Shared ownership
What is Shared Ownership?
Availability Reserved
Min share price from £172,500 for 30% share
Full price from £575,000
Min deposit from £17,250
Monthly rent from TBC
Bedrooms 2
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

Over 85% Sold | Last homes remaining

Reserve in January and get £1,500 holiday vouchers & your legal fees paid!*

Shared Ownership Viewings Available – Call 020 7021 4842 To Book Your Appointment Now

Iconic Character. Irresistible Charm.

  • Located on the edge of Zone 1
  • Quick and easy access to all London areas
  • 1 and 2-bedroom homes available through Shared Ownership
     
  • Built and finished to a high standard
  • Engineered oak flooring throughout the living areas
  • Integrated kitchen appliances and modern bathroom suites
     
  • Private balconies to all apartments
  • Communal cycle store
  • Video entry system

The perfect place to entertain friends, or unwind when the work day is done.

*Up to £1,500 off legal fees and taken off completion statement. Holiday vouchers are with Thomas Cook and only for new customers that reserve in January 2019. Holiday vouchers will be sent 30 days after completion. One holiday voucher per apartment. Holiday voucher vendor T&C’s apply.

 

Local area information

The Levers puts you within easy reach of the best that Central and South London has to offer. Located  on the edge of Zone 1, Elephant & Castle tube and National Rail station are a short stroll away, giving you quick and easy access to all areas of London.

Within a 10-minute bike ride the waters of River Thames and the Southbank can be found, a major global cultural destination offering world-class museums, theatres and venues. Closer to home the multi-billion pound regeneration of Elephant and Castle is bringing a new wave of eateries, bars and events, whilst the vast green expanse of Burgess Park is nearby, offering plentiful space for exercise and relaxation on those sunny days.

Status Plot No. Floor Beds Min share price Eligibility
Available 25 N/A 2 £172,500 View details
Available 37 N/A 2 £174,000 View details
Reserved 35 N/A 1 £135,000 View details
Reserved 38 N/A 2 £183,000 View details
Reserved 12 N/A 1 £132,000 View details
Reserved 26 N/A 2 £181,500 View details
Reserved 3 N/A 2 £187,500 View details
Reserved 4 Ground floor 1 £141,000 View details
Reserved 36 Third floor 2 £174,000 View details
View More

FAQ's

Min share price from: £172,500 for a 30% share
Full price from: £575,000
Minimum deposit from: £17,250
Monthly rent from: £922
Bedrooms: 2
Bathrooms: 1

There are 2 available ranging from £172,500 for a 30% share to £174,000 for a 30% share.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

It all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.
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.

The Levers

2 bedroom homes in Amelia Street, Elephant & Castle, Southwark, SE17 3PY

Tenure Shared ownership
What is Shared Ownership?
Availability Reserved
Min share price from £172,500 for 30% share
Full price from £575,000
Min deposit from £17,250
Monthly rent from TBC
Bedrooms 2
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