Share Price £96,250 (from 25% Min. Share)

Full Value £385,000 | £9,625 Min. Deposit

Scheme: Shared Ownership

check_circle Available now

L&Q at Greenwich Square - 1 bed apartment in Greenwich

place Vanbrugh Hill, SE10 9FT

Budget Calculator
Calculate monthly cost help
Sign in to Register Your Interest mail
favorite_outline Save Property

1 bedroom apartment available at Hawthorne Crescent for £96,250!


Eligibility

L&Q at Greenwich Square will be open to applicants who live or work in any London borough. Priority will be given to anyone living or working in Greenwich.


Description

1 bedroom apartment available at Hawthorne Crescent for £96,250!

Hawthorne Crescent - Apartment A1.05

1 bedroom 1st floor apartment offering 48 sq.m of internal floor area with outdoor space. Contact a member of our sales team now to view our new show home.

£96,250 for a 25% share of £385,000 and a deposit as low as £10,000 and a minimum income of £44,000.

About Greenwich Square
Buying an apartment at Greenwich Square opens the door to a unique community and offers the perfect place to call home. Our homes are built around people and offer beautifully designed homes with a desirable specification and outdoor space to each apartment. These homes are also set around a beautiful garden square. The development has everything you could need on your doorstep making life that little bit more convenient. With every block distinct and individual, creating an intelligent balance between shared community and private space.

Shared Ownership
Under the Shared Ownership scheme you part-own and part-rent your home, making it possible for first-time buyers and families to get on the property ladder.

The minimum share you can purchase is 25% and the maximum is 75%. You will usually pay a mortgage on the part you own and a subsidised rent on the part you don’t own. As your income rises, you can increase the share you own until you eventually own 100%.

The minimum income required for a 1 bedroom apartment is £44,000

*Household incomes are based on joint applications. Single applications are able to apply but may need to increase their deposit contribution to meet shared ownership affordability requirements.

Viewings
For those who would like to and are able to visit us, the Show Home is now open on an appointment-only basis, with extra measures in place to ensure your wellbeing. Please call us to book your appointment. If you would prefer to speak to our Sales Team from your own home, they are still on hand and can conduct appointments via phone, email and by virtual tour. We are taking extra precautions to ensure the health and wellbeing of our customers, staff and members of the public.


Key Features

  • Shared Ownership available
  • Excellent transport links, Maze Hill Overground station is a 9 minute walk away
  • Canary Wharf, the Excel centre and London City Airport are just across the water
  • Shoreditch, Canary Wharf and Greenwich Market close by
  • Outdoor space to all homes
  • Integrated kitchen appliances

Download Documents

Link to the floor plan Property brochure 1 Property price list

Budget Calculator
arrow_backwards Back to L&Q at Greenwich Square - 1 bed apartment in Greenwich

Calculate Monthly Cost

Share price
£ 96,250
Min. £96,250
Share percentage
Min. 25%
Your deposit
Min. £9,625
Monthly cost*
£1,260
Cost breakdown
£662
Rent
£158
Service charge
£440
Mortgage*
Calculated using a representative rate of 3.64%
help

Sign in to Register Your Interest mail
favorite_outline Save Property

Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.