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2 bed flat for sale Falmouth Road, SE1

From

£410,000

Added on 14/06/2019

Type: Flat
Bedrooms: 2
Bathrooms: 1
Tenure: Ask agent

About this property

With the Elephant and Castle regeneration in full swing and the area being upgraded to the tune of several billion pounds this apartment makes an ideal purchase for those looking for a large period property offering substantial flexible living space with exceptional capital growth expected. Transport links are in abundance, with overland rail as well as Northern and Bakerloo lines accessible from the Elephant is a few minutes’ walk away, also a major artery for bus links in and out of the city. The surrounding area is positively buzzing at present with Mercato Metropolitan and Borough market nearby and also on your doorstep is the rather lovely Bermondsey street and The Cut.

Floorplan

Council tax

Ask agent

Price guide

100 comparables · within 0.5 miles

Cheaper than 84% of the 2-bed flats for sale nearby right now.

This home, £410,000 Median £582,500 · £400,000 – £751,000

Compared with 100 2-bed flats for sale within 0.5 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Falmouth Road, SE1

Open map Street View

Mortgage and stamp duty

Property price £410,000

£205k £615k

Deposit10% £41,000

£0 £410k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £369,000 mortgage. Most lenders would want a household income of about £82,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.