1 of 4
For Sale
£130,000 (Price)
Full Market Value from: £520,000

Nordic Square, 1.02, Albion St, London, SE16 7HZ

1.02, Nordic Square, 2 Terriss House, Albion St, London, SE16 7HZ

Shared Ownership Flat

Bedrooms: 2
Furnished: Unfurnished
Reception rooms: 1
New Build: Yes
Bathrooms: 1
Area: 62.8 m2
Council Tax Band: N/A
Lease Years: 999
Description

Show home launching on Saturday 9th November - a charming selection of 2 and 3-bedroom Shared Ownership apartments. This exciting new development is less than 10 10-minute' walk from Canada Water Station and just 4 minutes' walk from Rotherhithe Overground Station.

Flat 2 is a stylish first-floor apartment measuring 62.8m², offering two spacious bedrooms with fitted wardrobes, a large open-plan living and kitchen area complete with integrated appliances, including a dishwasher, and a modern main bathroom. The property provides ample storage, featuring a washer/dryer, and offers access to a private balcony, perfect for relaxing outdoors.

Canada Water benefits from a vibrant community, with boutique coffee shops and restaurants, schools, the iconic library, and Decathlon's flagship store, to name just a few local amenities within walking distance of the development.   

Key features:

  • Generous private balcony 
  • Service charges inclusive of heating & hot water costs
  • Engineered wood flooring to living, dining, and kitchen
  • Superb specification with handleless kitchen cabinets, integrated microwave oven, fridge freezer, and dishwasher
  • Large windows to maximise natural light
  • Secure cycle storage
  • Fitted roller blinds to windows
  • Fitted wardrobes 
  • Video door entry system
  • Dual aspect to several apartments

 

Priority will be given to people living in the Borough of Southwark. A minimum of a 4-person household is required for the 3-bedroom properties. Nordic Square is a car-free development, residents will not be issued parking permits from the London Borough of Southwark.

Computer-generated illustration, indicative use only.

Eligibility for Shared Ownership

In order to be eligible to purchase a Shared Ownership house or apartment, there are several general criteria you must meet:

  • You must be at least 18 years’ old with a clean credit history
  • Your annual household income must be less than £90,000 in London, or £80,000 outside of London
  • You’re a first-time buyer, a previous homeowner that cannot afford to buy one now, or an existing shared homeowner
  • You must not be in mortgage or rent arrears, demonstrate a good credit history and be in a position to afford the regular payments

Find out what you can afford

Unsure of how much you can afford to borrow towards the purchase of a home? Use our Affordability Calculator below to receive an assessment* of how much you’re likely to be able to borrow based on your income.

Shared Ownership
*The affordability calculators give you an indication of affordability only. Your initial affordability assessment will need to be completed by an Mortgage Broker.
Register your interest in Nordic Square, 1.02, Albion St, London, SE16 7HZ

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