1 bedroom apartment for sale

Available

Gunton Mews, Nightingale Grove, SE13 6AU

£71,250 · Shared Ownership Resale

Share percentage 25%, full price £285,000, £3,563 Min Deposit.

Available
1 bedroom
1 Bathroom
Floor plan
floor-plan
Floor plan
floor-plan
£71,250 Shared Ownership Resale

Share percentage 25%, full price £285,000, £3,563 Min Deposit.

Monthly Cost: £1,201
Rent £688, Service charge £162, Mortgage £351*

Calculated using a representative rate of 3.82%

Calculate estimated monthly costs

£
Summary

One bedroom first floor apartment

Description

SHARED OWNERSHIP

Full Market Value: £285,000

Share Value (25%): £71,250

Monthly Rent: £688.07

Service Charge: £162.08

Ground Rent: £100.00 per annum

125 year lease commenced in February 2017 - 119 years remaining

Council tax band: B

Please note that at the current time, external wall certification (EWS1) is not available for this property. 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. Therefore, mortgage lenders may request this certificate before they will provide a formal mortgage offer. More information and frequently asked questions regarding this subject can be found on the LQ Group website by searching “EWS1”

This apartment provides great commuting links to Central London and Canary Wharf from Hither Green rail station, just 100 metres away. Lewisham Rail Station, just 1.2 miles from Nightingale Grove, links to the DLR transport interchange with direct trains to Canary Wharf. Road links are also excellent with the South Circular nearby, linking to major routes into Kent and to the coast.

In Hither Green itself, organic, regional produce is available from the local Farmers’ Market. The Manor House Gardens close by are the perfect place to unwind with a game of tennis or a picnic by the lake.

Further afield, Blackheath Village, just a mile away, is packed with stylish restaurants and bars.

Just two miles away is Greenwich with its own lively café, restaurant and market scene – and a park with bandstand and stunning views over the capital’s skyline.

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 £42,199. 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. If you are not registered, please visit our website lqhomes.com and 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 June 2022.

Key Features
  • Open plan Lounge, diner and kitchen with door leading to private balcony.
  • Symphony Boston white base and wall unit kitchen, with stainless steel Zanussi oven, electric hob and extractor fan, plus integrated fridge/ freezer and dishwasher
  • White Twyfords 'Galerie' bathroom suite with thermostatic shower over bath with shower screen and heated towel rail
  • One double bedroom, with fitted wardrobe, and access to balcony
  • Storage cupboard in hallway
  • NIBE electric heating with radiators
  • Aluminium clad double glazed windows
  • Television entry phone
  • Communal gardens and Bicycle store
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Hither Green (0.12 miles) Ladywell (0.71 miles) Lee (0.77 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.

£71,250
Shared Ownership Resale
Estimated Monthly Cost:£1,201
Rent £688
Service Charge £162
Mortgage £351

Share percentage 25%, full price £285,000, £3,563 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.