1 bedroom apartment for sale
Hazel Lane, SE10 9FZ
Share percentage 30%, full price £350,000, £10,500 Min Deposit.
Share percentage 30%, full price £350,000, £10,500 Min Deposit.
Monthly Cost: £1,604
Rent £770,
Service charge £301,
Mortgage £533*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Our Spring Offer: A £1,000 Amazon voucher on completion!* Well presented, excellent transport links, long lease.
Description
Shared Ownership
Full Market Value - £350,000
You Pay (30%) - £105,000
Monthly Rent - £769.95
Service Charge - £300.70
Annual Ground Rent - £100
125 year lease commenced in September 2012 - 113 years remaining
Council Tax Band: C
EWS1 certification is available for this building.
For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment*
The property boasts an open-plan kitchen and spacious lounge area that leads onto a large private balcony. The master bedroom has floor-to-ceiling windows and built-in wardrobes. There is a modern family bathroom and storage cupboards in the hallway. Added benefits include video entry phone, access to a residents-only communal garden and floor-to-ceiling windows.
Perfectly positioned between Greenwich Village and the Greenwich Peninsula, Greenwich Square's location provides the best of both worlds with excellent transport links. Maze Hill train station is a short walk away and multi-destination bus stops located outside enable a 5-minute journey to North Greenwich Underground and Cutty Sark DLR.
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 £59,756. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note thatapplicants 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 aproperty in one ofour schemes. In order to register, please visit our website www.lqhomes.com to register and 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 correctas of March 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
- Excellent transport links
- Good EPC rating
- Well presented throughout
- Residents only communal garden
Particulars
Tenure: Leasehold
Lease Length: 113 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 30%, full price £350,000, £10,500 Min Deposit. Calculated using a representative rate of 4.64%