1 bedroom apartment for sale
Quilting Court, Garter Way, SE16 6XF
Share percentage 60%, full price £395,000, £23,700 Min Deposit.
Share percentage 60%, full price £395,000, £23,700 Min Deposit
Monthly Cost: £1,551
Rent £235,
Service charge £140,
Mortgage £1,176*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £90,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
Affordable 1-Bedroom Flat – 60% Shared Ownership Opportunity
Description
Property Type: 1-Bedroom Flat Tenure: Shared Ownership (60% share)
Location: Canada Water, SE16
Key Selling Points: Spacious and well-maintained 1-bedroom flat within a purpose-built development. Well-proportioned living space with a bright lounge, separate fitted kitchen, and large double bedroom, Private garden, as well as access to well-maintained communal gardens. Private allocated parking space.
Superb location close to Russia Dock Woodland Reserve and canal-side walks.
Excellent transport links: Canada Water station approximately 0.2 miles (Jubilee Line & Overground), one stop to Canary Wharf, and quick, direct routes into Central London. Ideal for first-time buyers looking for affordable London living with easy commutes.
Secure entry system; quiet and well-managed block with an established community.
Offered on a 60% shared ownership basis, making it more accessible for buyers getting onto the property ladder.
Key Features
- 60% shared ownership
- Ideal first home
- Well-proportioned room sizes throughout
- Private garden & access to communal gardens
- Allocated private parking space
- Excellent local parks and canal-side walks
- Outstanding transport links to Canary Wharf
- Central London & beyond
- Secure entry system
Particulars
Tenure: Leasehold
Lease Length: 156 years
Council Tax Band: C
Property Downloads
Floor Plan Energy CertificateMap
Material Information
Total rooms: 5
Furnished: Unfurnished
Washing Machine: No
Dishwasher: No
Fridge/Freezer: No
Parking: Yes
Outside Space/Garden: Yes - Private Garden
Year property was built: 1980
Unit size: 428 sq ft
Communal lift: No
Accessible measures: No
Flooded within the last 5 years: No
Listed property: No
Heating: Electric
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
Broadband: FTTP (Fiber to the premises)
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 60%, full price £395,000, £23,700 Min Deposit. Calculated using a representative rate of 4.42%
.jpg "Floor Plan")