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£219,000
Close to the centre of Greenwich with plenty of restaurants, bars and cafes.
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: £365,000
Share Value (60%): £219,000
Monthly Rent: £318.14
Service Charge: £388.78
Council Tax Band: B
125 year lease commenced October 2007 - 108 years remaining
EWS1 - EWS1 certification status for this property is the responsibility of a third party and is currently a B2 Rating. More information on EWS1 certificates can be found on the LQ Group website by searching "EWS1".
This apartment consists of an open-plan kitchen and living area, with wide floor-length windows leading out onto the private balcony. The kitchen is fitted with high gloss units, with a granite worktop. The spacious double bedroom benefits from built-in storage cupboards. A family bathroom with a white three-piece suite with a shower over bath and a white tile surround completes the accommodation.
This property is situated close to the centre of Greenwich, where you can find lots of great restaurants, bars and cafes (many of which sit near the River Thames) boutique shopping, the famous Greenwich market, fabulous history including the Old Royal Naval College, great museums and of course the stunning Greenwich park with its spectacular views of London. Greenwich is well served by public transport. There are two rail stations Greenwich and Maze Hill, which serve central London, East London and parts of Kent. Greenwich and The Cutty Sark stations are part of the Docklands Light Railway (DLR) network.
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 £67,900. 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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