3 bedroom apartment for sale
Catalina Apartments, Waterline Way, SE8 3JQ
Share percentage 25%, full price £577,000, £14,425 Min Deposit.
Share percentage 25%, full price £577,000, £14,425 Min Deposit.
Monthly Cost: £1,820
Rent £714,
Service charge £374,
Mortgage £732*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Immaculate fourth floor apartment at Deptford Landings
Description
SHARED OWNERSHIP
Full market value: £577,000
You pay (25%): £144,250
Monthly rent: £714.43
Monthly service charge: £373.93
Annual ground rent: £0
250 Year lease commenced August 2017 - 241 years remaining
EWS1 Certification is available for this property - A2 rating
This stylish apartment features an L-shaped dual aspect open plan living area with door to a private, balcony. There are three double bedrooms, the two larger rooms having built in wardrobes. The smaller bedroom is an ideal home office. A contemporary bathroom and guest cloakroom complete the accommodation.
Deptford Landings and its surroundings come together to create a cosmopolitan community steeped in history and well connected to the rest of London. The development is situated next to Deptford Park offering 28 acres of green open space and less than five minutes' walk from the River Thames. With its wide variety of shops, popular, green open spaces, restaurants and leisure facilities, in Deptford there's always something new to capture your imagination. Deptford has a buzzy bar, restaurant and arts scene coupled with one of the oldest and most diverse street markets in London. There is also an abundance of green space, parkland and waterside walks within walking distance.
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 £67.711. 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 www.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
- Integrated appliances
- Guest cloakroom
- Two walk-in storage cupboards in hallway
- Underfloor heating
- Private communal garden for residents
- Balcony
Particulars
Tenure: Leasehold
Lease Length: 241 years
Council Tax Band: E
Property Downloads
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 25%, full price £577,000, £14,425 Min Deposit. Calculated using a representative rate of 4.64%