1 bedroom apartment for sale

Available

Enterprize Way, SE8 3PJ

£203,000 · Shared Ownership Resale

Share percentage 70%, full price £290,000, £10,150 Min Deposit.

Available
1 bedroom
£203,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 70%, full price £290,000, £10,150 Min Deposit.

Monthly Cost: £1,400
Rent £186, Service charge £127, Mortgage £1,087*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

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Eligibility

Eligibility

You may be eligible for this property if:

· You have a gross household income of no more than £90,000 per annum when eligible to purchase.

· You are unable to purchase a suitable home to meet your housing needs on the open market.

· You do not already own a home or you will have sold your current home before you purchase or rent.

· To purchase this 70% minimum share you will need a minimum joint household income of £TBC and available savings of £10150 for a 5% mortgage deposit.

Summary

Optivo are delighted to offer for sale this well-presented 1 bedroom 3rd Floor Apartment

Description

Well-presented apartment on top floor of a 4 story residential block.

Accommodation consists of

Entrance hallway – 3.8m x 1.9m approx.

Lounge – 4.2m x 3.1m approx.

Kitchen – 2.8m x 2.6m approx.

Bedroom 1 – 3.7m x 3.5m approx.

Bathroom W/C with shower over bath – 2.4m x 1.5m approx.

Gross Internal Floor Area: 45 m2 approx.

The apartment has added door locks for lounge and bedroom for extra security if required and comes with an allocated parking space with additional spaces in nearby streets.

Local Information

Good transport links with bus route 199 accessible from a few minutes’ walk away to local town centres Surrey Quays and Deptford. Nice quiet area, lovely riverside view, good walking and cycling areas locally as well as parks and green areas for relaxing, picnicking and has all the conveniences expected of a local residential town e.g. schools, medical centres etc.

Viewings by appointment only. Please note Social Distancing measures need to be followed. Please contact resales via e-mail resales@optivo.org.uk for the vendors details.

If you would like to apply after you have conducted a viewing, a PDF writable application form can be saved from the Brochure Section on this advert. Please email a fully completed copy to resales@optivo.org.uk

Application forms need to be returned to Optivo by 31 August 2021

Please note though that if a high volume of applications is received, the deadline might be brought forward.

*Please note the successful applicant will be required to pay a £250 non-refundable reservation fee once offered the property.

Key Features

1 Bedroom Flat

Allocated Parking Space

Long lease

EPC Rating D

Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Brochure
Map
Mudchute (0.68 miles) Surrey Quays (0.74 miles) Crossharbour & London Arena (0.76 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 and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

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

£203,000
Shared Ownership Resale
Estimated Monthly Cost:£1,400
Rent £186
Service Charge £127
Mortgage £1,087

Share percentage 70%, full price £290,000, £10,150 Min Deposit. Calculated using a representative rate of 4.64%


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.