3 bedroom apartment for sale
Rockcliffe Square - Plot 32 Bed, SE18 7DQ
Share percentage 25%, full price £553,000, £13,825 Min Deposit.
Share percentage 25%, full price £553,000, £13,825 Min Deposit
Monthly Cost: £1,941
Rent £864,
Service charge £391,
Mortgage £686*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
Summary
Join us for the launch on Saturday 14th June - 3 bedroom, 2 bathroom, 5th floor apartment offering 87.1 sq.m of internal floor area with outdoor space.
Description
Reserve a Shared Ownership home between 1 June - 30 June and receive up to £1,000 towards buying costs on all available homes*
Plot 32
3 bedroom, 2 bathroom, 5th floor apartment offering 87.1 sq.m of internal floor area with outdoor space.
Full Market Value: £553,000
Shared Value (25%): £138,250
Minimum deposit: £13,825
Required income: £65,500
Council tax band: TBC
Rockcliffe Square, Shared Ownership - Join us for the launch on Saturday 14th June
Discover Rockcliffe Square. A brand new collection of Manhattan Studios, 1, 2 and 3 bedroom apartments in the Royal Borough of Greenwich, situated between buzzy, cultured Woolwich and up-and-coming Plumstead, just a stroll away from the Thames.
Ideally located close to 3 train stations including Plumstead, Woolwich and Woolwich Arsenal offering the Elizabeth line, National Rail and DLR.
What is Shared Ownership?
Shared Ownership is for anyone who doesn't currently own a home. If you want to get on the property ladder, but can't afford to buy outright on the open market, then Shared Ownership could be for you. Under the Shared Ownership scheme you part-buy/part-rent your home, making it possible for first-time buyers and families to get on the property ladder.
The minimum share you can purchase is 25% and the maximum is 75%. You will usually pay a mortgage on the part you own and a subsidised rent on the part you don't own. As your income rises, you can increase the share you own until you eventually own 100%.
Key Features
Private outdoor space to all homes
A landscaped communal podium on the first floor
Modern fully integrated appliances
A superb West Plumstead location with just a short walk to 3 train stations
Reach Canary Wharf in just 7 minutes and Liverpool Street in 14 via the Elizabeth Line
Take the National Rail to London Bridge in 26 minutes
London City Airport is only 6 minutes via the DLR
Travel leisurely via the Uber Boat and be at the O2 in 11 minutes
Enjoy 3 nearby commons, Plumstead, Winn's and Woolwich for beautiful green space
Register your interest today: lqhomes.com/rockcliffesquare
*Initially priority will be given to local people who are eligible applicants earning up to £71,000 for a Manhattan Studio, 1 & 2 bedroom apartment and £88,000 for a 3 bedroom. This is expected to apply for the first three months following launch. If your income exceeds these thresholds, please register your details and we will contact you if these restrictions are lifted in the future.
*CGIs for illustrative purposes only.
L&Q terms and conditions apply. *Incentive terms and conditions apply. Offer is available on selected Shared Ownership properties only. Incentive amount is based on the property type and development. For full terms and conditions visit https://lqhomes.com/terms-and-conditions/. Shared Ownership terms and conditions apply. Prices start from £72,813 for a 25% share of a Manhattan studio apartment at Rockcliffe Square. Full market value of £291,250. Please visit lqhomes.com/sharedownership for more information.
Key Features
- Private outdoor space to all homes
- A landscaped communal podium on the first floor
- Modern fully integrated appliances
- A superb West Plumstead location with just a short walk to 3 train stations
- Reach Canary Wharf in just 7 minutes and Liverpool Street in 14 via the Elizabeth Line
- Take the National Rail to London Bridge in 26 minutes
- London City Airport is only 6 minutes via the DLR
- Travel leisurely via the Uber Boat and be at the O2 in 11 minutes
- Enjoy 3 nearby commons, Plumstead, Winn’s and Woolwich for beautiful green space
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
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: 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 25%, full price £553,000, £13,825 Min Deposit. Calculated using a representative rate of 4.42%
