£131,250

SHARED OWNERSHIP

Full Market Value: £375,000

Share Value (35%): £131,250

Monthly Rent: £629.28

Service Charge: £394.50

Ground Rent: £350 per annum

Council Tax Band: D

125 year lease commenced December 2013 - 114 years remaining

EWS1 - Remediation work underway - Letter of assurance available for lenders

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

Enter this spacious apartment via a large entrance hall, with storage, which leads to a well proportioned open plan living area with single large door opening onto to a good-sized covered balcony/wintergarden. The kitchen, fitted with high gloss wall and base units, includes integrated oven hob, extractor fan and fridge/freezer, with space for a washing machine/dishwasher. The first bedroom, complete with fitted wardrobe, has a door onto the covered balcony. The second bedroom is a smaller double. A contemporary family bathroom completes the accommodation.

Woolwich town centre is a short walk away and nearby transport links include the newly opened Elizabeth line, DLR and mainline station and the Thames Clipper boat service. The nearby Royal Arsenal development also is home to some fabulous bars and restaurants. Already home to excellent mainline rail services and DLR, Woolwich's Elizabeth Line is now open. This connects Woolwich to Canary Wharf (8mins), Bond Street (21mins) and Heathrow (47mins). Together with the redevelopment of the Royal Arsenal along the south bank of the River Thames, Woolwich has fast become a sought after urban centre. Plumstead offers a greener setting, with coffee shops, restaurants, local supermarkets, and the vast commons providing a perfect backdrop to some stunning period properties.

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 £62,961 If you are offered the home, 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 February 2025.

*The £1,000 Ikea voucher incentive is available for a limited time on all 2, 3 and 4 bedroom resales properties and is redeemable for any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee, and where the buyer is purchasing a higher share than is being sold. The vouchers (2 x £500) will be supplied within 75 days of completion of the purchase and will be E-Vouchers, 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 or L&Q 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 resales shared ownership property.