Prospect House

A third floor, two-bedroom apartment in Bermondsey.

Property Features:

• Wheelchair accessible, communal entrance with entry system
• Lift access
• Open plan kitchen and reception with a window above the sink
• Kitchen upgrades include new Hotpoint oven and AEG induction stove fitted; new spot lighting in kitchen/dining area.
• General upgrades include new blinds fitted throughout the flat; new window gaskets installed in 2025 and redecorated throughout.
• Family bathroom with shower over bath. New fittings include sink, taps, mirror, shower bar, towel bar, door hook, toilet roll holder, bathroom tiling and shower screen.
• Master bedroom with fitted wardrobe
• Corner flat with a large wrap-around balcony
• Views of St James’ Church gardens
• Walk-in storage room with newly installed shelves
• Cupboard with boiler and washing machine and space for storage
• Third storage cupboard with shelf and ample room
• Communal courtyard
• Rental parking scheme available at the development however is subject to availability of spaces

Lease: Commenced 2013 with 125-year term

Council Tax Band: Southwark Council – E

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:

• Bermondsey offers a vibrant mix of city living and community charm, with excellent amenities right on your doorstep. The property is surrounded by green spaces including Bermondsey Spa Gardens, Southwark Park, and Burgess Park, all within walking distance. Fitness enthusiasts will appreciate the choice of nearby gyms, including PureGym and CrossFit, both just a short walk away. Everyday essentials are covered with Tesco Metro, Co-Op, and a GP surgery just minutes away, while Old Kent Road offers larger superstores such as ASDA, B&Q, Pets at Home, and more.
• Families will benefit from a wide selection of local schools, including St James’ CE Primary (just a minute’s walk), Riverside Primary, Harris Academy, and St Michael’s Catholic College. The area is well-suited for children, with access to parks, libraries, and community facilities, all within a safe and walkable environment.
• Transport links are excellent, with Bermondsey Station (Jubilee Line) just five minutes away, offering fast connections to Stratford, Central London, and North London. London Bridge Station (National Rail, Jubilee, and Northern lines) and Rotherhithe Station (Windrush Overground Line) are both within a 15-minute walk. Numerous bus routes (47, 188, 199, 381, C10, N381) serve the area, connecting to Victoria, Tottenham Court Road, Shoreditch, and Waterloo.
• The Thames Path is also nearby for scenic walks and cycling. Bermondsey’s railway arches are home to a lively mix of independent brewery bars, a bakery, butcher, and dairy, adding to the area’s unique character and appeal.

Financial Information:

Property Value = £550,000

Percentage Share = 35%

Share Price = £192,500

Monthly Rent = £740.14

Monthly Service Charge = £273.07

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.