Summary - Flat 2, 5, Purbeck Gardens SE26 5FG
2 bed 1 bath Flat
Affordable 50% shared-ownership two-bed with parking and balcony in Lower Sydenham.
- 50% Shared Ownership available; minimum 5% deposit on share
- Third-floor two-bedroom apartment, approx 785 sq ft
- Southeast-facing private balcony with open-plan living/kitchen
- Ensuite main bedroom and allocated underground garage parking
- EPC B / Environmental impact A; fast broadband and excellent signal
- Monthly rent £534.19; service charge £177.15 (total monthly £711.34)
- Leasehold (118 years remaining); shared-ownership eligibility may apply
- Heating via community scheme; annual rent increase each April
Bright, modern two-bedroom apartment offered via Shared Ownership with a 50% share available — ideal for first-time buyers seeking an affordable route into SE26. Positioned on the third floor, the flat features an open-plan living room with southeast-facing private balcony, an ensuite main bedroom and allocated underground parking. The property measures approximately 785 sq ft, has an EPC rating of B and benefits from fast broadband and excellent mobile signal.
Costs are transparent: guide price £215,000 for a 50% share of a £430,000 valuation, a minimum 5% deposit on the share, monthly rent of £534.19 and an average monthly service charge of £177.15 (total monthly charge approx. £711.34 plus any mortgage). An annual rent increase applies each April and the property is leasehold (118 years remaining) — buyers should check mortgage eligibility for shared ownership and confirm the lease length with their solicitor.
The location suits commuters and families: Lower Sydenham offers regular Southeastern trains to London Bridge in around 20 minutes, good road links, and several nearby 'Good' and one 'Outstanding' secondary schools. Nearby amenities include shops, leisure facilities and cycle/bus routes. Note the property receives heating from a community scheme, and it is subject to shared-ownership eligibility and possible local priority rules (Section 106) which can affect allocation.
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