2 bedroom apartment for sale
Drummond House, 11 Victory Parade, SE18 6FW
Share percentage 25%, full price £465,000, £11,625 Min Deposit.
Share percentage 25%, full price £465,000, £11,625 Min Deposit
Monthly Cost: £1,240
Rent £373,
Service charge £290,
Mortgage £577*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
As a guide you will need to have a household income of at least £40,000. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £16,000.Total approximate savings required £20,000.
All London applicants will be considered, with priority given to Greenwich applicants
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
Two bedroom second floor apartment in Greenwich available through Shared Ownership 25% at £116,250.
Description
Ground Floor
- Entryphone system
- Passenger lift and stairwell
Second Floor
- Entrance hallway
- Bedroom 1
- Bedroom 2
- Open plan living room and kitchen
- Bathroom with WC
Externally
Private balcony
Floor Area
61 sqm
Length of lease
116 years remaining
Key Features
This well-maintained second-floor apartment boasts two generous double bedrooms and is located in the sought-after Royal Arsenal Riverside development. The property features a spacious open-plan kitchen and lounge, complete with a modern fitted kitchen, integrated fridge freezer, and dishwasher.
Enjoy the stunning views of Canary Wharf and beyond from the large south-facing balcony, perfect for relaxing or entertaining. Floor-to-ceiling windows throughout fill the space with natural light, while a large utility cupboard offers practical storage.
Conveniently situated above the new Elizabeth Line station, this apartment offers fast and frequent connections to central London.
Particulars
Tenure: Leasehold
Lease Length: 116 years
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £465,000, £11,625 Min Deposit. Calculated using a representative rate of 4.42%
