1 bedroom apartment for sale
Cutter Lane, SE10 0YB
Share percentage 70%, full price £490,000, £34,300 Min Deposit.
Share percentage 70%, full price £490,000, £34,300 Min Deposit
Monthly Cost: £2,324
Rent £317,
Service charge £275,
Mortgage £1,732*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Purpose built apartment with spectacular views
Description
SHARED OWNERSHIP
Full Market Value: £490,000
Share Value (70%): £343,000
Monthly Rent: £316.90
Service Charge: £274.90
Ground Rent: £100
Council Tax Band: D
250 year lease commenced June 2004 - 229 years remaining
EWS1 Certification Available - A2 Rating
Enter this beautifully presented, bright and spacious one bedroom apartment directly into a generous open-plan kitchen and living area. The spacious double bedroom benefits from a built-in wardrobe with sliding mirror doors and opens directly onto a private balcony with clear views of the River Thames. A contemporary bathroom completes the accommodation.
Greenwich peninsula is a highly desirable location, which is positioned on the edge of the River Thames, within minutes of the O2 arena, and offers access to a wide range of shops, bars and restaurants. North Greenwich station is less than half a mile away linking into Canary Wharf in approximately 4 minutes, and to Bond Street in less than 30 minutes. Alternatively, choose North Greenwich Pier for river bus services.
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 £86,867. 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 2025.
Key Features
- Great location
- Clear view of the river
- Long lease
- Modern kitchen with fully integrated appliances
- Ample storage
- Underfloor heating
- Access to rooftop teerrace with panoramic views of the O2, Canary wharf and the Dangleway
Particulars
Tenure: Leasehold
Lease Length: 229 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: Yes - Private Balcony
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 70%, full price £490,000, £34,300 Min Deposit. Calculated using a representative rate of 4.59%
