1/40
£264,000
Private terrace, residents gym, energy efficient.
You can apply to buy the home if all of the following apply:
- your household income is £90,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
Shared Ownership
Full Market Value: £480,000
Share Value (55%): £264,000
Monthly Rent: £387.52
Service Charge: £364.67
Annual Ground Rent: £100.00
Council Tax Band: C
125 year lease commenced October 2015 - 115 years remaining
EWS1 - There is an EWS1 Certification available for this property and it is a B1 rating.
L&Q welcomes you to view this one bedroom, third floor apartment.
This bright and spacious apartment consists of a stylish open-plan kitchen and living area, flooded with natural light from wide floor-length windows, opening out onto a private terrace. The kitchen is fitted with gloss white wall and base units, with under-cupboard lighting, and a wooden worktop. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob, extractor fan and space for a dishwasher. Spacious main double bedroom benefitting from assess onto one of the private terrace. Addition double bedroom with build in wardrobe. The bathroom comes complete with a white three-piece suite with a shower over bath and a stone tile surround. Additional storage cupboards in hallway.
North Greenwich, nestled in South East London, is a bustling neighbourhood renowned for its contemporary feel and excellent connectivity. Its standout feature is the renowned O2 Arena, a hub for concerts, events, and entertainment spectacles. With picturesque views overlooking the River Thames, the area offers a delightful ambience. Thanks to the Jubilee Line of the London Underground, North Greenwich enjoys seamless access to both Canary Wharf and Central London, making it a favoured destination for both locals and visitors. Its proximity to Canary Wharf, a key financial hub, positions it as an appealing locale for professionals in finance and business sectors, providing them with easy access to employment opportunities and amenities in these thriving areas.
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 £77,920. 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 February 2025.
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