1 bedroom apartment for sale

Available

Osier House, 14 Quebec Way, SE16 7ER

£118,750 · Shared Ownership Resale

Share percentage 25%, full price £475,000, £11,875 Min Deposit.

Available
1 bedroom
1 Bathroom
Floor plan
floor-plan
Floor plan
floor-plan
£118,750 Shared Ownership Resale

Share percentage 25%, full price £475,000, £11,875 Min Deposit.

Monthly Cost: £1,427
Rent £342, Service charge £531, Mortgage £554*

Calculated using a representative rate of 3.82%

Calculate estimated monthly costs

£
Summary

L&Q Shared Ownership - One bedroom, second floor balcony flat.

Description

SHARED OWNERSHIP

Full Market Value – £475,000

You Pay (25%) - £118,750

Monthly Rent - £530,53

Service Charge - £341.94

Annual Ground Rent - £100.00

125year lease commenced on28/11/2016(119years remaining)

EWS1 –New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.

Situated within a short walk of the flourishing Muswell Hill Broadway, this apartmentis within easy access to East Finchley and Highgate Northern Line stations and Bounds Green for the Piccadilly Line, whilst extensive Bus routes provide access to Friern Barnet, Finsbury Park, Brent Cross and the City and amenities within short walking distance

The buyer 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 £48,978. 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 the property for our schemes. If you are not registered please visit our website www.lqhomes.comand register to obtain your unique reference 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 at May 2022.

Key Features
  • Open plan living/dining/kitchen area with door to private balcony.
  • Kitchen fitted with white gloss wall and base units, wood grain effect work surfaces, tiled splashback and breakfast bar. Integrated electric hob, electric oven, extractor fan, fridge/freezer and washing machine.
  • Double bedroom, with fitted wardrobe.
  • Bathroom, fitted with white suite, shower over bath and glass shower screen. Tiled floor, part tiled walls, large mirror over sink and heated towel radiator.
  • Two hall storage cupboards.
  • Communal heating system.
  • Double glazed windows.
  • Residents lift.
  • Communal gardens.
  • Right to park in allocated bay.
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Surrey Quays (0.39 miles) Canada Water (0.43 miles) Rotherhithe (0.61 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.

£118,750
Shared Ownership Resale
Estimated Monthly Cost:£1,427
Rent £342
Service Charge £531
Mortgage £554

Share percentage 25%, full price £475,000, £11,875 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.