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3 bedroom apartment for sale

Available

Sir Francis Drake Court, SE10 0FF

£133,750 · Shared Ownership Resale

Share percentage 25%, full price £535,000, £13,375 Min Deposit.

Available
3 bedrooms
1 Bathroom
Communal Garden
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£133,750 Shared Ownership Resale

Share percentage 25%, full price £535,000, £13,375 Min Deposit

Monthly Cost: £1,663
Rent £486, Service charge £513, Mortgage £664*

Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

£
Summary

Three bedroom apartment with allocated parking. Make this home your own, enjoy a £500 B&Q Voucher on completion*.

Description

SHARED OWNERSHIP

Full Market Value: £450,000

Share Value (25%): £133,750

Monthly Rent: £485.64

Service Charge: £512.76

Council Tax Band: D

125 year lease commenced August 2010 - 110 years remaining

EWS1 Certification is available for this property - B1 rating

Enter this dual aspect east/west facing apartment into a spacious hallway. Straight ahead is a family bathroom and an additional cloakroom/wc. To your right find a double and a single bedroom, both of which have doors opening onto a balcony with tree top views. The well proportioned main reception room opens onto a second balcony overlooking a tennis court and with river views. The separate well equipped kitchen, with space for a small dining table, and the third (double) bedroom have windows onto this balcony.

This waterfront apartment is located a short walk from Greenwich town centre with all its local amenities with an array of restaurants and local shops, a market, an art house, a cinema, the Royal Park, the Cutty Sark and Naval Museum. You can stroll down the Thames path into the Greenwich Village or the O2 is located nearby and provides the ICON designer outlet, restaurants, cinema and regular entertainment activities.

Maze Hill mainline station is within a 10 minute walk and provides services to London Bridge in 13 minutes, Cannon Street and Blackfriars in 20 minutes, and St Pancras in 29 minutes. The Cutty Sark DLR is also a 15 minute walk away. North Greenwich Jubilee Line is also not too far away, giving great connections to central London with scheduled journey times of 2 minutes to Canary Wharf, 13 minutes to Westminster and 17 minutes to Bond Street.

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 £6687.50. 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 May 2025.

*The £500 B&Q Voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st August 2025 and then completes on the sale before 31st December 2025. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, 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. L&Q reserve the right to remove an incentive at any time.

Key Features
  • Video phone entry system
  • Allocated parking space
  • Communal garden area with access to a communal tennis court
  • Good EPC Rating
  • Long Term Lease
Particulars

Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: D

Property Downloads
Key Information Document Floor Plan Energy Certificate
Virtual Tour
Map
Maze Hill (0.30 miles) Island Gardens (0.49 miles) Cutty Sark for Maritime Greenwich (0.60 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes - Allocated

Outside Space/Garden: Yes - Communal Garden

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

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£133,750
Shared Ownership Resale
Estimated Monthly Cost:£1,663
Rent £486
Service Charge £513
Mortgage £664

Share percentage 25%, full price £535,000, £13,375 Min Deposit. Calculated using a representative rate of 4.42%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.