1 bedroom apartment for sale
Building 50, Argyll Road, SE18 6PG
Share percentage 25%, full price £330,000, £8,250 Min Deposit.
Share percentage 25%, full price £330,000, £8,250 Min Deposit.
Monthly Cost: £1,995
Rent £1,276,
Service charge £300,
Mortgage £419*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
ELIGIBILITY
You will need to be earning a guidance income of £64,326. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £8,250. Total approximate savings required £12,250
Important borough specific eligibility criteria
Greenwich
All London applicants will be considered with priority given to people who live/work in the borough.
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
4th floor 1 bedroom home in the London borough of Greenwich for £82,500 (25% share price of £400,000 full market price), available through Shared Ownership.
Description
Specification
Ground floor
Communal Entrance -Security entry phone system with front door leading into communal hallway.
Fourth Floor
Entrance hall with storage and airing cupboards, 1 bedroom, family bathroom with WC, kitchen/reception room.
External
The development benefits from communal grounds, a 24 hour concierge service, gym/leisure facilities and a secure allocating parking space.
GIA
44m2
Accessibility rating
F
EPC rating
B
Length of lease
106 Years Remaining
Borough
London Borough of Greenwich
Key Features
Location
Apartment Building is situated in a prime location fronting the River Thames. The development is conveniently located for local shops and amenities including railway stations.
Nearest Station
Woolwich Arsenal station: 0.6 miles 11 minute walk
Allocated Parking
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: B
Property Downloads
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 25%, full price £330,000, £8,250 Min Deposit. Calculated using a representative rate of 4.64%