1 bedroom apartment for sale

Under Offer

Harrow Manorway and Yarnton Way, Thamesemead, SE2 9UH

£91,500 · Shared Ownership New Build

Share percentage 30%, full price £305,000, £4,575 Min Deposit.

Under Offer
1 bedroom
1 Bathroom
Floor plan
floor-plan
Floor plan
floor-plan
£91,500 Shared Ownership New Build · Eligibility Eligibility

Share percentage 30%, full price £305,000, £4,575 Min Deposit.

Monthly Cost: £1,133
Rent £489, Service charge £188, Mortgage £456*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

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Eligibility
You may be eligible for this property if: You have a gross household income of no more than £90,000 per annum. 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.
Summary

Brand new collection of 1, 2 & 3-bedroom apartments available with Shared Ownership in Crane Court at Southmere. Set in a vibrant lakeside setting just minutes from Canary Wharf, with direct access...

Description
Make the smart move South at Southmere

1-bed apartments now fully reserved. Final 2 & 3-bed homes still available to view now.

Introducing Crane Court, the latest collection of homes at Southmere, part of the award winning regeneration of Thamesmead, SE2.

A new collection of 1, 2 & 3-bedroom apartments available withShared Ownership.Southmere is set in a vibrant lakeside setting just minutes from Canary Wharf, with direct access toconcierge serviceincluding aresidents loungeandco-working space.

Homes at Southmere in Thamesmead will also benefit from a new public square, civic building including library, a fitness studio, café and other commercial and community spaces to follow. Crossrail is on the horizon at Abbey Wood, making the commute into London much quicker, Canary Wharf will only be 11 minutes away.

You’ll never struggle for space in Southmere with more than double the amount of green space per person than the London average and homes overlooking the Southmere lake. We’re excited about where we’re going with our Thamesmead properties, and we want you to come on the journey with us.

What is Shared Ownership?
Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought after location.

Register your interest forShared Ownership at Southmere to book a viewing appointment.

Financial information

  • Tenure:Leasehold
  • Length of lease:999 years
  • Annual ground rent amount: £0
  • Ground rent review period: N/A
  • Annual service charge amount: £1427.47 - £2811.81
  • Service charge review period:Annual
  • Council tax band: TBC
Key Features
  • Available through Shared Ownership
  • New Home
  • lakeside setting
  • concierge service
  • residents lounge
  • co-working space.
Property Downloads
Floor Plan Brochure Brochure
Map
Abbey Wood (0.44 miles) Belvedere (1.30 miles) Plumstead (1.73 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.

£91,500
Shared Ownership New Build
Estimated Monthly Cost:£1,133
Rent £489
Service Charge £188
Mortgage £456

Share percentage 30%, full price £305,000, £4,575 Min Deposit. Calculated using a representative rate of 3.94%


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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.