2 bedroom apartment for sale
Cutter Lane, SE10 0YB
Share percentage 30%, full price £570,000, £17,100 Min Deposit.
Share percentage 30%, full price £570,000, £17,100 Min Deposit
Monthly Cost: £2,302
Rent £1,017,
Service charge £422,
Mortgage £863*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Located at Greenwich Peninsula, a highly desirable location positioned on the edge of the River Thames
Description
SHARED OWNERSHIP
Full Market Value - £570,000
You Pay (30%) - £171,000
Monthly Rent - £1016.82
Service Charge - £422.24
Annual Ground Rent - N/A
Council Tax Band: E
250 year lease commenced in March 2019 - 246 years remaining.
EWS1 Certification is available for this property
Greenwich Peninsula is a highly desirable location, which is positioned on the edge of the River Thames and within minutes of the O2 arena, which offers access to a wide range of shops, bars and restaurants. North Greenwich station is located a few minutes walk away, offering access into Canary Wharf in approximately 4 minutes and to Central London in 10 minutes.
The apartment is flooded with natural light, which is absorbed via the large floor to ceiling windows, which also further enhance the impressive views from all rooms, directly overlooking the River Thames.
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 £85,336. 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 www.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 2025.
Key Features
- Open plan kitchen and living area with large floor to ceiling windows
- Kitchen is fitted with grey gloss wall and base units and a wooden effect worktop, benefiting from integrated appliances
- Three piece white bathroom suite with shower over bath
- Bright and airy main double bedroom with fitted wardrobe
- Second bedroom benefiting from doors to private balcony
- Views overlooking the O2 from bedrooms and living area
- Roof terrace accessible on the 18th floor
Particulars
Tenure: Leasehold
Lease Length: 246 years
Council Tax Band: E
Property Downloads
Floor Plan Energy CertificateVirtual Tour
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes
Outside Space/Garden: n/a - Private Balcony
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 30%, full price £570,000, £17,100 Min Deposit. Calculated using a representative rate of 4.59%
