1/30
£171,000
Located at Greenwich Peninsula, a highly desirable location positioned on the edge of the River Thames.
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 - £570,000
You Pay (30%) - £171,000
Monthly Rent - £1016.82
Service Charge - £422.24
Annual Ground Rent - N/A
Council Tax Band: E
250 year lease commenced in March 2019 - 246 years remaining.
EWS1 Certification is available for this property
Greenwich Peninsula is a highly desirable location, which is positioned on the edge of the River Thames and within minutes of the O2 arena, which offers access to a wide range of shops, bars and restaurants. North Greenwich station is located a few minutes walk away, offering access into Canary Wharf in approximately 4 minutes and to Central London in 10 minutes.
The apartment is flooded with natural light, which is absorbed via the large floor to ceiling windows, which also further enhance the impressive views from all rooms, directly overlooking the River Thames.
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 £85,336. 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 February 2025.
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.