1 bedroom apartment for sale

Available

Sir Walter Raleigh Court, SE10 0FD

£83,750 · Shared Ownership Resale

Share percentage 25%, full price £335,000, £8,375 Min Deposit.

Available
1 bedroom
1 Bathroom
Communal Garden
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£83,750 Shared Ownership Resale

Share percentage 25%, full price £335,000, £8,375 Min Deposit.

Monthly Cost: £1,224
Rent £511, Service charge £288, Mortgage £425*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

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Summary

Our Spring Offer: A £1,000 Amazon voucher on completion!* One bedroom, second floor apartment with allocated parking

Description

SHARED OWNERSHIP

Full Market Value: £335,000

Share Value (25%): £83,750

Monthly Rent: £510.96

Service Charge: £288.33

Water: £28.16

Council Tax Band: C

125 year lease commenced August 2010- 112years remaining

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.

For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment*

This apartmentis locateda short walk from Greenwich town centre. Greenwichhas an array of restaurants, brasseries, bars and boutiques.

The surrounding area is steeped in history with the Royal Greenwich Park just minutes away. Greenwich Park is a fantastic place to see the views of London from the Royal Observatory, take the kids to the swing park and boating lake, go for a leisurely stroll through the flower gardens or see the enclosed deer park.

Maze Hill mainline station is within a 10 minutewalk, andwith the Cutty Sark DLRand North Greenwich Jubilee Line nearby, there are great connections to Central London.

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 £46,016.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 February 2024.

*The £1,000 Amazon voucher is currently being offered on this 1-bedroom resale apartment and is applicable to any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other 1-bedroom resales shared ownership apartment.

Key Features
  • Living area open plan to kitchen with door to terrace
  • Kitchen fitted with beech effect wall and base units and black marble effect worktops. Integrated stainless steel electric oven, hob and extractor fan plus spaces for fridge/freezer and washer/dryer
  • Two double bedrooms, one with fitted wardrobe
  • Bathroom fitted with a white suite, shower over bath and glass shower screen
  • Storage cupboards to hallway
  • Communal garden with tennis court/cycle store
  • Audio and video entry phones
Particulars

Tenure: Leasehold
Lease Length: 112 years
Council Tax Band: C

Property Downloads
Key Information Document Floor Plan Energy Certificate
Virtual Tour
Map
Maze Hill (0.33 miles) Westcombe Park (0.56 miles) Island Gardens (0.70 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.

£83,750
Shared Ownership Resale
Estimated Monthly Cost:£1,224
Rent £511
Service Charge £288
Mortgage £425

Share percentage 25%, full price £335,000, £8,375 Min Deposit. Calculated using a representative rate of 4.64%


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.