2 bedroom apartment for sale
Marsh Court, SE17 2FT
Share percentage 25%, full price £545,000, £13,625 Min Deposit.
Share percentage 25%, full price £545,000, £13,625 Min Deposit.
Monthly Cost: £1,993
Rent £1,110,
Service charge £192,
Mortgage £691*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Two bedroom ground floor maisonette with private terrace
Description
SHARED OWNERSHIP
Full Market Value: £545,000
You Pay (25%): £136,250
Monthly Rent: £1,110.46
Monthly Service Charge: £191.56
Annual Ground Rent: £100.00
125 year lease commenced in January 2016 - 117 years remaining
EWS1 certification is available for this property (B1 rating)
Located in a newly regenerated area with a great range of shops, restaurants, cafés and bars. Burgess park with a selection of leisure activities is only a short walk away. The area has excellent transport links with an exceptional range of local bus routes. The property is being sold chain free.
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 £73,919. 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 of April 2024.
Key Features
- Living and dining area open plan to kitchen
- Two double bedrooms, one with built in wardrobes
- Communal Heating system
- Secure Bicycle Storage
- Private Terrace
- Good EPC rating - B
- Kitchen fitted with white base and grey wall units, with a marble worktop and featuring integrated appliances. White goods included.
- Wall to ceiling tiled bathroom fitted with white suite, shower over bath and glass shower screen
- Additional downstairs WC
Particulars
Tenure: Leasehold
Lease Length: 117 years
Council Tax Band: D
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual Tour
Map
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 25%, full price £545,000, £13,625 Min Deposit. Calculated using a representative rate of 4.64%
