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Overview Key information

1 bedroom apartment
Stevenson Crescent
Shared Ownership (resales)
£150,000
50%
share
Full market value:
£300,000
Minimum deposit:
£15,000
1 bed 1 bath 516 sq. ft.
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A bright and spacious, first floor, one-bedroom apartment in Bermondsey.

Property features:

  • Secure communal entrance with entry system
  • Large reception with bay window
  • Fitted kitchen with room for more appliances
  • Allocated parking
  • Good energy efficiency with potential of B (electric only)
  • Chain free

Lease: Commenced 1992 with 99-year term

Lease extension in progress: 156 years on completion

Council Tax Band: Southwark Council – B

Prior to viewing: All applicants must be registered and approved by Hyde New Homes and may be required to carry out a shared ownership affordability assessment.

Local area:

  • Situated in the heart of Bermondsey, this property benefits from an unbeatable location with excellent transport links, vibrant local amenities, and a thriving community. Commuters will appreciate the convenience of multiple transport options, with bus stops just moments away providing routes towards Peckham, Surrey Quays, London Bridge, and Westminster. Bermondsey and Canada Water Underground stations (Jubilee Line) are both within a 10-minute walk, while Surrey Quays Overground station (Windrush Line) and Bermondsey Train Station are also close by, ensuring easy access across London.
  • The area offers a fantastic mix of shopping, dining, and leisure options. Old Kent Road, just a short distance away, hosts a variety of supermarkets and retail outlets, while Bermondsey Blue Market—only five minutes from the property—is home to independent shops, salons, bars, cafés, and a traditional marketplace.
  • With its outstanding connectivity, excellent amenities, and lively community atmosphere, Bermondsey is a fantastic place to call home for professionals.

Financial information:

Property Value = £300,000

Percentage Share = 50%

Share Price = £150,000

Monthly Rent = £214.69 from 1st April 2025

Monthly Service Charge = £163.29 from 1st April 2025

Please note the rent and service charge is reviewed annually 01 April. Your home may be at risk if you do not keep up your mortgage and rent repayments. Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract. Areas, distances or measurements referred to are approximate. For confirmation of property details refer to the terms of the lease and plans from your solicitor. Hyde New Homes Resale properties are sold as seen. Please note that the Resales Team have not visited this property.

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