2 bedroom apartment for sale

Available

18 Cutter Lane, Greenwich, SE10 0YB

£184,500 · Shared Ownership Resale

Share percentage 30%, full price £615,000, £9,225 Min Deposit.

Available
2 bedrooms
1 Bathroom
Floor plan
floor-plan
Floor plan
floor-plan
£184,500 Shared Ownership Resale

Share percentage 30%, full price £615,000, £9,225 Min Deposit.

Monthly Cost: £2,100
Rent £892, Service charge £300, Mortgage £908*

Calculated using a representative rate of 3.82%

Calculate estimated monthly costs

£
Summary

Back on the market - two bedroom sixth floor apartment

Description

SHARED OWNERSHIP

Full Market Value: £615,000

You Pay(30%) : £184,500

Monthly Rent: £891.56

Monthly Service Charge: £300.18

Ground Rent: £100.00

250 year lease commenced on21/06/2019 (231 years remaining from Head Lease Commencement date of 17/06/2004)

EWS1 Certification is available for this apartment

Greenwich Peninsula is a vibrant community offering a large variety of activities withinshort walking distance.'The O2' provides access to world class events, as well as offering a large selection of venues for food and drink.The 'ICON Outlet' offers many designer stores, includingKurt Geiger, Hobbs, Nike, and Calvin Klein.Several large supermarkets (Sainsbury's, ASDA, Aldi, Lidl) are within a short walk on the Thames Path; the estate also houses an Ikea and B&Q. A local Co-op and Tesco are a few minutes walk of the flat.

Further afield, Greenwich Park and market are reachable via a short walk or cycle along the Thames Path. Away from the buzz, Blackheath provides a village feel with artisan bakeries, farmer's market, and shops.

North Greenwich Underground Station,within 0.4 milesofferscarfree pedestrianaccess to the undergroundand bus services.Your journey into central London couldn’t be easier, with 10 minutes journey time to London Bridge on the Jubilee Line. A 2 minute underground journey to Canary Wharf provides access to further shops as well as access to the DLR and Crossrail.

The Thames Clipper offers a boat service into the City with various stops.
Access to North London is provided by the Blackwall Tunnel which is within 0.5 miles.

You will require a deposit to obtain a mortgage for this property

To meet the requirements for this property we require as a guideline, a minimum household income of £68753. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. Please visit our website www.lqhomes.com to register. Please ensure to keep a record of your unique registration number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of May 2022.

Key Features
  • Living area open plan to kitchen with large fitted storage cupboard.
  • Kitchen fitted with grey gloss wall and base units, wooden effect work surfaces and fully integrated appliances.
  • Two double bedrooms, master with fitted wardrobe and access to private balcony. Second bedroom with access to main balcony.
  • Bathroom fitted with white suite.
  • Large storage cupboard in hallway.
  • Communal Heating System.
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
North Greenwich (0.19 miles) East India (0.57 miles) Royal Victoria (0.68 miles)
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • 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.

£184,500
Shared Ownership Resale
Estimated Monthly Cost:£2,100
Rent £892
Service Charge £300
Mortgage £908

Share percentage 30%, full price £615,000, £9,225 Min Deposit. Calculated using a representative rate of 3.82%


Development
Resales
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.