2 bedroom apartment for sale
Tiggap House, SE10 0TP
Share percentage 25%, full price £505,000, £12,625 Min Deposit.
Share percentage 25%, full price £505,000, £12,625 Min Deposit.
Monthly Cost: £2,087
Rent £960,
Service charge £486,
Mortgage £641*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Private balcony, Communal gardens, Excellent transport links
Description
SHARED OWNERSHIP
Full Market Value: £ 505,000
Share Value (25%): £126,250
Monthly Rent: £ 960.03
Service Charge: £ 486.42
Annual Ground Rent - £100
Council Tax Band: C
125year lease commenced on September 2016 - 118 years remaining
EWS1 certification is available for this property (B1 rating)
Tiggap House is ideally located for a wide variety of shops, restaurants and local transport.
You have the choice of Greenwich which offers a range of independent shops and restaurants, plus Greenwich market and Greenwich Park. 'The O2', only a 10 minute drive away, provides popular music and artsevents, a multi-screen cinema, bowling alley and a large selection of venues for food and drink.The 'ICON Outlet' offers many designer stores, includingKurt Geiger, Hobbs, Nike, and Calvin Klein.
Maze Hill is a 14-minute walk away and offers overground services. North Greenwich Underground Station,within 1.3 miles,offerscarfree pedestrianaccess to the undergroundand bus services. Plus your journey into central London couldn't be easier, with 10 minutes journey time to London Bridge on the Jubilee Line. A 2-minute underground journey to Canary Wharf provides access to further shops as well as access to the DLR and, in the future, Crossrail. The Thames Clipper offers a boat service into the City with various stops. Access to North London is provided by the Blackwall Tunnel.
The buyer will require a deposit to obtain a mortgage for this property.
This home is available to applicants who are affordable, meetthe minimum household income requirement of£77,260,andable toraise a shared ownershipmortgage.If you are offered the property, your affordability will be assessed at a financial interview. Applicants are expected to purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to view a property in one of our schemes. If you are not registered please visit our websitewww.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 March 2024.
Key Features
- Living/dining area open plan to kitchen with door to access private balcony
- Kitchen fitted with white high gloss wall and base units and wood grain effect work surfaces. Integrated electric oven, hob, extractor fan and fridge freezer
- Two double bedrooms, master with access to private balcony and ensuite shower room and fitted wardrobe
- Bathroom fitted with white suite, shower over bath and glass shower screen plus mirrored wall cupboard above sink area
- Three hall storage cupboards.
- Communal heating system.
- Communal gardens.
Particulars
Tenure: Leasehold
Lease Length: 118 years
Council Tax Band: C
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 £505,000, £12,625 Min Deposit. Calculated using a representative rate of 4.64%
