2 bedroom apartment for sale

Available

Cowan house, 37 Greenwich High road, SE10 8GR

£132,500 · Shared Ownership Resale

Share percentage 25%, full price £530,000, £6,625 Min Deposit.

Available
2 bedrooms
1 Bathroom
Parking
£132,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 25%, full price £530,000, £6,625 Min Deposit.

Monthly Cost: £1,888
Rent £934, Service charge £199, Mortgage £755*

Calculated using a representative rate of 5.26%

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 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 25% minimum share you will need a minimum joint household income of £66200 and available savings of £6625 for a 5% mortgage deposit.

Summary

Southern Housing are excited to offer for sale 2 bed 1st floor apartment at the prestigious Cowan House

Description

This immaculate property is located at the highly sought-after Greenwich High Road.

This property includes a large open plan kitchen/reception room, two well lit generously sized bedrooms, a family size bathroom, balcony and allocated parking.

This property is ideal for those wishing to get onto the London housing market.

Due to the high demand for this development, viewing ASAP is strongly advised.

Accommodation:
Entrance hallway – 6.7m x 1.5m
Kitchen & Lounge – 5.0m x 4.4m
Bedroom 1 – 2.8m x 2.4m
Bedroom 2 – 4.0m x 3.0m
Bathroom W/C – 2.7m x 1.7m

Lease Term: 125 years from 01.06.2019

EPC Rating: B

Council: D

Council Tax Band: Greenwich

Floor space: 60m2

RENT AND SERVICE CHARGE AMOUNT IN THIS LISTING TAKE EFFECT FROM APRIL 2023

Viewings by appointment only. Please note Social Distancing measures need to be followed. Please contact resales via e-mail resales@southernhousing.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@southernhousing.org.uk

Application forms need to be returned to Southern Housing by 24th March 2023

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

An abundance of local amenities

Fantastic rail links into most major London stations

A short walk into the main Greenwich centre which includes a number of restaurants, retail shops, riverside establishments and Greenwich Park.

 

NEAREST STATIONS

 
Deptford Bridge Station0.1 miles
 
Greenwich DLR Station0.3 miles
 
Greenwich Station0.3 miles

 

NEAREST SCHOOLS

 
Trinity Laban

Type: N/A

Rating: N/A

0.3 miles
 

Tidemill Academy State School

Rating: N/A

0.3 miles
 

St Joseph's Catholic Primary School State School

Ofsted: Good

0.3 miles
 

Addey and Stanhope School State School

Ofsted: Good

0.3 miles

Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: D

Map
Deptford Bridge (0.10 miles) Greenwich (0.28 miles) Deptford (0.34 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.

£132,500
Shared Ownership Resale
Estimated Monthly Cost:£1,888
Rent £934
Service Charge £199
Mortgage £755

Share percentage 25%, full price £530,000, £6,625 Min Deposit. Calculated using a representative rate of 5.26%


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.