2 bedroom apartment for sale
Bombardier House, Whittle Road, SE3 9GZ
Share percentage 30%, full price £495,000, £14,850 Min Deposit.
Share percentage 30%, full price £495,000, £14,850 Min Deposit.
Monthly Cost: £1,758
Rent £666,
Service charge £338,
Mortgage £754*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Long lease, Excellent transport links, Good EPC rating
Description
SHARED OWNERSHIP
Full market value - £495,000
You pay (30%) - £148,500
Monthly Rent - £665.65
Monthly Service Charge - £338.28
Annual Ground Rent - N/A
999 year lease commenced in January 2020 (994 years remaining)
EWS1 certification is available for this property - A1 rating
This apartment is situated in Popular Kidbrooke Village.
Kidbrooke Station is a few mins walk from the apartment, offering a regular service to London Bridge (15 minutes), Victoria, Charing Cross, Waterloo East and Cannon Street plus links to Canary Wharf via the DLR (Lewisham).
Kidbrooke Village offers a newly opened on-site Sainsbury's, Starbucks, pharmacy, doctors, dentist, a coffee shop and a bar/restaurant. There are also various gyms close by.
Green spaces include Cator Park and the nature reserve as well as Sutcliffe Park, Blackheath and Greenwich Park all on your doorstep.
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 £65,461. 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 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 April 2024.
Key Features
- Living area open plan to kitchen and with doors to private balcony
- Long lease
- Good EPC rating
- Excellent transport links
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: D
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
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 £495,000, £14,850 Min Deposit. Calculated using a representative rate of 4.64%
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