A new pathway home with Share to Buy
|

1 bedroom apartment for sale

Available

18 Cutter Lane, Greenwich, Greenwich, SE10 0YB

£343,000 · Shared Ownership Resale

Share percentage 70%, full price £490,000, £34,300 Min Deposit.

Available
1 bedroom
1 Bathroom
Communal Garden
£343,000 Shared Ownership Resale

Share percentage 70%, full price £490,000, £34,300 Min Deposit

Monthly Cost: £2,280
Rent £317, Service charge £261, Mortgage £1,702*

Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

£
Summary

Purpose built apartment with spectacular views. Make this home your own, enjoy a £500 B&Q Voucher on completion*.

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.

*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
  • 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
Virtual Tour
Map
North Greenwich (0.19 miles) East India (0.57 miles) Royal Victoria (0.68 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: No

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.

Read More Read Less
  • 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.

£343,000
Shared Ownership Resale
Estimated Monthly Cost:£2,280
Rent £317
Service Charge £261
Mortgage £1,702

Share percentage 70%, full price £490,000, £34,300 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.