2 bedroom apartment for sale

Available

Albert House, Erebus Drive, SE28 0GN

£118,500 · Shared Ownership Resale

Share percentage 30%, full price £395,000, £5,925 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Balcony/Terrace
Parking
£118,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 30%, full price £395,000, £5,925 Min Deposit.

Monthly Cost: £1,951
Rent £752, Service charge £524, Mortgage £675*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

£
Eligibility

Priority will be offered to MOD personnel.

Summary

Two Bedroom Fourth Floor Apartment

Description

Moat is pleased to present this modern-styled two double-bedroom apartment located in a riverside development, built in 2004, overlooking the River Thames.

Woolwich town centre is less than a mile away where Woolwich Arsenal National Rail, DLR and Elizabeth Line are located, providing numerous services including those to London City Airport, Canary Wharf, Bluewater and central London. Royal Arsenal pier is less than a mile away which serves Thames Clipper boats towards central London.

The town centre has a great selection of shops, cafes/restaurants, supermarkets and leisure facilities.

The property is conveniently situated for driving into London, Kentand the M25. There are several schools in the vicinity.

There are several schools in the local area, the closest being Heronsgate Primary School.

Key Features
  • Hallway and storage cupboard
  • Two double bedrooms with neutral carpet
  • Open plan lounge with large windows overlooking River Thames
  • Kitchen with integrated oven, hob and fan. Space for washer/dryer/dishwasher
  • Bathroom includes WC, basin and bath with overhead shower
  • Riverside views
  • Good size private balcony with riverside views
  • Large private roof terrace access via the hallway and bedroom
  • Parking space
  • Pets will not be permitted in apartments
  • 125 years Lease from the 1st April 2004
Particulars

Tenure: Leasehold
Lease Length: 105 years
Council Tax Band: C

Property Downloads
Brochure Energy Certificate
Map
Plumstead (0.45 miles) Woolwich Arsenal (0.54 miles) King George V (0.84 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.

£118,500
Shared Ownership Resale
Estimated Monthly Cost:£1,951
Rent £752
Service Charge £524
Mortgage £675

Share percentage 30%, full price £395,000, £5,925 Min Deposit. Calculated using a representative rate of 5.26%


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.