2 bedroom house for sale
Tidemill Way, Deptford, Deptford, SE8 4BF
Share percentage 35%, full price £475,000, £16,625 Min Deposit.
Share percentage 35%, full price £475,000, £16,625 Min Deposit
Monthly Cost: £1,659
Rent £723,
Service charge £111,
Mortgage £825*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
Summary
Unique two bedroom maisonette located next to Deptford Market Yard
Description
SHARED OWNERSHIP
Full Market Value: £475,000
Share Value (35%): £166,250
Monthly Rent: £723.48
Service Charge: £262.07
Ground Rent: - £n/a
Council Tax Band: C
125 year lease commenced March 2012 - 111 years remaining
Guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
Enter the apartment at bedroom level and find two well proportioned double bedrooms and family bathroom with a shower over the bath. Upstairs find a kitchen with a double height dining area, which leads to a private south facing balcony, and stairs to an upper mezzanine reception room. There is also a cloakroom on this level.
Deptford is a thriving area of London with a growing cultural profile. It is now recognised as one of the most fashionable parts of south London. The area has a variety of outstanding pubs, bars, and restaurants, such as The Watergate, Villages Brewery, and Artusi's sister-restaurant Marcella. There are also a number of highly regarded galleries and venues, including The Albany and The Shipwright. At nearby Deptford Market Yard, there is a recently launched collection of independent shops and restaurants set within and around Deptford's refurbished railway arches. This has been joined in recent years by a new wave of establishments, including Buster Mantis, a bar renowned for its famous Steam Down jazz nights; Klose and Soan, an exceptional natural wine bar and shop, serving great European cooking from its small kitchen; and Forest for all houseplant-related needs. Scawen Road is also a short walk from The Victoria Pub SE8, a local favourite with a quiz, comedy, open mic, and live music nights.
Deptford train station is just minutes away, running mainline services into London Bridge in approximately eight minutes. There are also direct trains into the City via the Thameslink, which takes 20 minutes to get to Farringdon.
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 £68,108. 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 href="http://www.lqhomes.com/">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 at March 2025.
Key Features
- Split level maisonette
- Great transport links
- Close to local amenities
- Integrated appliances
- Good storage
- Underfloor heating
Particulars
Tenure: Leasehold
Lease Length: 111 years
Council Tax Band: C
Property Downloads
Key Information Document Floor PlanVirtual Tour
Map
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: No
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 35%, full price £475,000, £16,625 Min Deposit. Calculated using a representative rate of 4.42%