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Overview Key information

Two Fifty One

2 bedroom apartment
Eileen House
Shared Ownership (resales)
£262,500
35%
share
Full market value:
£750,000
Minimum deposit:
£26,250
2 bed 2 bath sq. ft.
Enquire now
Enquire now
For | Two Fifty One

A fourth floor, two-bedroom apartment in London.

Property features:

● Communal and wheelchair accessible entrance

● Entry system and lift access

● 24 hour concierge

● Open plan kitchen and living/dining space

● Kitchen with integrated appliances

● Two double bedrooms with fitted wardrobes and wool carpets

● Ensuite bathroom has a waterfall shower

● Family bathroom with shower over bath

● Hallway storage cupboard

Extras

● Underfloor heating throughout

● Triple Glazed windows

● Oak-engineered flooring in kitchen, living space and hallway

● Wintergarden with full-height glazing and views of St Paul’s and Tate Modern

● Views of green wall throughout

● Communal and permit parking

● Garage

Lease: Commenced 2018 with 999-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:

• 0.1 miles to Elephant and Castle underground and 0.2 miles to national rail – also near Borough and Southwark underground.

• Close to local shopping and amenities including Mercarto Metropolitano, Elephant Park, Elephant Central, Bermondsey Street and Borough Market.

• Located in Zone 1, within minutes of the South Bank, West End and the City. It is benefitting from the regeneration of Elephant and Castle.

Financial Information:

Property Value = £750,000

Percentage Share = 35%

Share Price = £262,500

Monthly Rent = £849.52 (From 1st April 2025)

Monthly Service Charge = £496.24 (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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