1 bedroom apartment for sale
Sequoia House, SE16 7ET
Share percentage 25%, full price £420,000, £10,500 Min Deposit.
Share percentage 25%, full price £420,000, £10,500 Min Deposit
Monthly Cost: £1,655
Rent £726,
Service charge £399,
Mortgage £530*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Light airy one bedroom second floor apartment perfectly located in Surrey Quays
Description
SHARED OWNERSHIP
Full Market Value: £420,000
You pay (25%): £105,000
Monthly Rent: £726.39
Monthly Service charge: £399.46
Annual Ground Rent: £100.00
Council Tax Band: D
250 Year lease commenced in September 2017 - 243 years remaining
EWS1 CERTIFICATION IS AVAILABLE FOR THIS BLOCK - B1 RATING- We are now working with an independent panel of Fire Engineers to review any L&Q building inspections conducted by Tri Fire. Where the panel is not satisfied with the inspection and certificate awarded, we will instruct a new inspection of the building as soon as possible.
This second floor south facing apartment boasts a well proportioned reception room, opening onto a balcony, which overlooks the communal gardens. There is a separate fully fitted kitchen with integrated appliances. The double bedroom, also south facing, benefits from a built in wardrobe, and the accommodation is completed with a contemporary family bathroom. The apartment is well served with storage, with a walk-in store and additonal deep cupboard accessed from the hallway.
Sequoia House is just moments from Canada Water station and steps from the award-winning Stave Hill ecological park. Surrey Quays shopping centre is only a short walk away to fulfill all your shopping needs, including a Tesco's superstore. There are of course plenty of other local shops, cafes and restaurants nearby.
The property is located with easy access to Canary Wharf, Bermondsey and Greenwich, all of which have a variety of shops, bars and restaurants. The Rotherhithe Tunnel is nearby for north of the river routes as well as local A roads and the Thames Clipper Boat Service is also found nearby.
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 £61,745. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note; 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 the property for 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 2025.
Key Features
- Great location
- Private south facing balcony
- Ample storage
- Separate kitchen
- Underfloor heating
Particulars
Tenure: Leasehold
Lease Length: 243 years
Council Tax Band: D
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual Tour
Map
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 £420,000, £10,500 Min Deposit. Calculated using a representative rate of 4.59%
