1 bedroom apartment for sale


Pear Tree House, BR5 2FD

£115,000 · Shared Ownership Resale

Share percentage 50%, full price £230,000, £11,500 Min Deposit.

1 bedroom
1 Bathroom
£115,000 Shared Ownership Resale

Share percentage 50%, full price £230,000, £11,500 Min Deposit.

Monthly Cost: £1,076
Rent £277, Service charge £215, Mortgage £584*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs


Our Summer Offer: A £1,000 Amazon voucher on completion!* Allocated parking / Communal gardens / Underfloor heating.



Full Market Value: £230,000

Share Value (50%): £115,000

Monthly Rent: £277.43

Service Charge: £215.44

Ground Rent: £100 per annum

Council Tax Band: B

125 year lease commenced April 2009 - 111 years remaining

Guidance from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 certificate for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.

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

Enter this well presented apartment via a hallway with fitted cupboard that leads into the open plan living area with doors to a private balcony. A spacious bedroom with room for a home office and family bathroom complete the accommodation.

Situated in a residential area and conveniently located for Nugent Shopping Park and Orpington High Street, where you will find a large selection of shops, restaurants and a cinema. St Mary's Cray train station is located within 0.9 miles and has fast and frequent services into London Blackfriars, Victoria and Sevenoaks. There is also a regular bus service is just 0.1 mile away providing excellent services into Sidcup or Orpington town centres.

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 £40.800If 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 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 May 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
  • Well located
  • Underfloor electric heating
  • Secure parking
  • Communal gardens

Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: B

Property Downloads
Key Information Document
Virtual Tour
St Mary Cray (0.77 miles) Petts Wood (1.83 miles) Sidcup (1.97 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.

Shared Ownership Resale
Estimated Monthly Cost:£1,076
Rent £277
Service Charge £215
Mortgage £584

Share percentage 50%, full price £230,000, £11,500 Min Deposit. Calculated using a representative rate of 4.64%

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.