1 bedroom apartment for sale

Available

Adagio Point, Laban Walk, SE8 3FJ

£288,750 · Shared Ownership Resale

Share percentage 75%, full price £385,000, £28,875 Min Deposit.

Available
1 bedroom
1 Bathroom
Communal Garden
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£288,750 Shared Ownership Resale

Share percentage 75%, full price £385,000, £28,875 Min Deposit.

Monthly Cost: £2,112
Rent £269, Service charge £378, Mortgage £1,465*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Summary

Our Spring Offer: A £1,000 Amazon voucher on completion!* Purpose built apartment a short walk from Greenwich.

Description

SHARED OWNERSHIP

Full Market Value: £385,000

Share Value (75%): £288,750

Monthly Rent: £268.89

Service Charge:£377.53

Council Tax Band: B

125 year lease commenced January 2008 - 108years remaining

For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment*

EWS1 B2 rating - assurance letter pending

This bright spacious apartment boasts a large open plan living/kitchen room and floor-to-ceiling windows, a double bedroom , contemporary three-piece bathroom suite and a large storage cupboard.

The apartment is lit with floor to ceiling windows throughout, plus the living room and bedroom both have access to a private balcony.

This apartment is locateda short walk from Greenwich town centre with all its local amenities with an array of restaurants and local shops, market, art house cinema, the Royal Park, the Cutty Sark and Naval Museum. You can stroll down the Thames path into the Greenwich village or the O2 is located nearby and provides the ICON designer outlet, restaurants, cinema and regular entertainment activities.

Maze Hill mainline station is within a 10 minute walk and provides services to London Bridge in 13 minutes, Cannon Street and Blackfriars in 20 minutes, and St Pancras in 29 minutes. The Cutty Sark DLR is also a 15 minute walk away.

The North Greenwich Jubilee Line is also not too far away, giving great connections to central London with scheduled journey times of 2 minutes to Canary Wharf, 13 minutes to Westminster and 17 minutes to Bond Street.

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 £89,533. 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 websitelqhomes.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.

*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
  • Great Location
  • Close to transport links
  • Floor to ceiling windows
  • Underground parking
Particulars

Tenure: Leasehold
Lease Length: 108 years
Council Tax Band: B

Property Downloads
Key Information Document Floor Plan Energy Certificate
Virtual Tour
https://nichecom.s3.eu-west-1.amazonaws.com/cat1000/2024/03/07/65e9a290ed4cd-1092362.mp4
Map
Greenwich (0.22 miles) Cutty Sark for Maritime Greenwich (0.28 miles) Deptford (0.42 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.

£288,750
Shared Ownership Resale
Estimated Monthly Cost:£2,112
Rent £269
Service Charge £378
Mortgage £1,465

Share percentage 75%, full price £385,000, £28,875 Min Deposit. Calculated using a representative rate of 4.64%


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.