2 bedroom apartment for sale
Cutter Lane, London, SE10 0YB
Share percentage 25%, full price £615,000, £15,375 Min Deposit.
Share percentage 25%, full price £615,000, £15,375 Min Deposit.
Monthly Cost: £2,137
Rent £1,003,
Service charge £354,
Mortgage £780*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Great EPC Rating - Within Building Warranty - Long Lease Term
Description
Shared Ownership
Full Market Value: £615,000
Share Value (25%): £153,750
Monthly Rent: £1002.90
Service Charge: £353.93
Council Tax Band: E
250 year lease commenced January 2019 - 245 years remaining
EWS1 - EWS1 Certification Available - A2 Rating
L&Q welcomes you to view this two bedroom, second floor apartment.
Thisbright andspacioustwo bedroom apartment consistsof astylishopen-plan kitchen and living area, flooded with natural light from wide floor-length windows. The kitchen is fitted with grey hi-gloss wall and base units, with under-cupboard lighting, and a wooden effect worktop. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob, extractor fan and dishwasher. Spacious main double bedroom benefitting from built-in wardrobe with sliding door mirrors. Bright and airy second double bedroom with floor-length windows overlooking the River Thames. The bathroom comes complete with a white three-piece suite with a shower over bath and a stone tile surround. Additional double storage cupboards in kitchen/living area.
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 within less than 0.5 miles, offering access into Canary Wharf in approximately 4 minutes, and to Bond Street in less than 30 minutes.
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 £79,157. 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.comand 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.
Key Features
- Good EPC Rating - B
- Long lease term
- Within building warranty
- Views overlooking the River Thames from bedrooms and living area
- Roof terrace accessible on the 18th floor
- Additional double storage cupboard in kitchen/living area
- North Greenwich underground station (Jubilee Line) 0.2 miles away
- The O2 Arena less that a five minute walk away, with restaurants, cinema, retail shops and more
Particulars
Tenure: Leasehold
Lease Length: 245 years
Council Tax Band: E
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 £615,000, £15,375 Min Deposit. Calculated using a representative rate of 4.64%
