Two Fifty One

2 bedroom homes in Southwark, Southwark, SE1 9HQ

Tenure Shared ownership
What is Shared Ownership?
Availability Reserved
Min share price from £161,875 for 25% share
Min deposit from £16,188
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

Hyde New Homes at Two Fifty One, Southwark Bridge Road

Apartments are designed to afford residents with the exquisite mix of contemporary high spec appliances and fittings, using a clean and crisp colour pallet whilst providing partial views across London. A selection of apartments also benefit from having their own winter gardens, perfect for outside entertaining.

Residents will also have access to the towers fantastic range of facilities including, private and communal meeting spaces, an 11 seat cinema (available for private hire), a state of the art gymnasium and thermal suite, external landscaped gardens and eateries and a 24 hour concierge locate at the sleek terrazzo reception next to the communal 'Get Connected' lounge.

Local area information

These stunning new Shared Ownership apartments, located within the heart of Southwark are housed in the new 41-storey residential tower that will form part of the extensive regeneration programme to improve the local area and neighbouring Elephant and Castle.

Status Plot No. Floor Beds Min share price Eligibility
Reserved 3.04 Third 2 £161,875 View details
Reserved 3.03 Third 2 £161,875 View details
Reserved 4.03 Fourth 2 £162,500 View details
Reserved 4.04 Fourth 2 £162,500 View details
Reserved 4.08 Fourth 2 £162,500 View details
Reserved 4.09 Fourth 2 £162,500 View details
Reserved 5.03 Fifth 2 £163,125 View details
Reserved 5.04 Fifth 2 £163,125 View details
Reserved 5.08 Fifth 2 £163,125 View details
Reserved 5.09 Fifth 2 £163,125 View details
Reserved 6.03 Sixth 2 £163,750 View details
Reserved 6.04 Sixth 2 £163,750 View details
Reserved 6.08 Sixth 2 £163,750 View details
Reserved 6.09 Sixth 2 £163,750 View details
Reserved 7.03 Seventh 2 £164,375 View details
View More

FAQ's

Prices are not available yet for Two Fifty One but you can register your interest to be notified when prices become available.

Plot breakdowns are not available yet for Two Fifty One but you can register your interest to be notified when prices become available.

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.

Two Fifty One

2 bedroom homes in Southwark, Southwark, SE1 9HQ

Tenure Shared ownership
What is Shared Ownership?
Availability Reserved
Min share price from £161,875 for 25% share
Min deposit from £16,188
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