2 bedroom apartment for sale
Vertex Tower, Greenwich, London, Deptford, SE8 3FE
Share percentage 25%, full price £490,000, £12,250 Min Deposit.
Share percentage 25%, full price £490,000, £12,250 Min Deposit
Monthly Cost: £1,441
Rent £425,
Service charge £408,
Mortgage £608*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
Summary
Excellent Transport Links - Private Balcony - Allocated ParkingMake this home your own, enjoy a £500 B&Q Voucher on completion*
Description
SHARED OWNERSHIP
Full Market Value: £490,000
Share Value (25%): £122,500
Monthly Rent: £494.11
Service Charge: £425.16
Council Tax Band: D
125 year lease commenced January 2008 - 107 years remaining
Tri-Fire EWS1 - EWS1 CERTIFICATION IS AVAILABLE FOR THIS BLOCK - B2 RATING - We are now working with an independent panel of Fire Engineers to review any L&Q building inspections conducted by Tri Fire. Where the panel is not satisfied with the inspection and certificate awarded, we will instruct a new inspection of the building as soon as possible.
** If you would like to arrange a viewing for this property please click the link to register your interest online. If you have an eligible Shared Ownership application with L&Q, you will be sent the sellers contact information to arrange a viewing**
This bright apartment consists of a stylish open-plan kitchen and living area, flooded with natural light from wide floor-length windows leading onto a private balcony. The kitchen is fitted with cream gloss wall and base units, with a granite effect worktop. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob, and extractor fan, dishwasher and wine cooler. Two bright and airy double bedrooms benefit from floor-length windows. The bathroom comes complete with a white three-piece suite with a shower over bath and a white tile surround.
Situated in the sought-after Vertex Tower, this modern property enjoys an exceptional location in Greenwich, just a 10-minute walk to the historic heart of Maritime Greenwich, home to the Cutty Sark, Greenwich Market, Royal Park, and the National Maritime Museum.
Commuters will appreciate being just 10 minutes on foot from Deptford mainline station, offering fast and easy access to London Bridge and beyond. Whether you're heading into the city or enjoying local attractions, everything you need is right on your doorstep - from shops, cafés, and restaurants to gyms and riverside walks. Perfectly blending urban convenience with cultural charm, this is a fantastic opportunity to live in one of London's most vibrant and well-connected neighbourhoods
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 £57,563. 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 June 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
- Private Balcony
- Communal Heating
- Energy Efficient - EPC Rating B
- Allocated Parking
- Excellent Transport Links
Particulars
Tenure: Leasehold
Lease Length: 107 years
Council Tax Band: D
Property Downloads
Key Information Document Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
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 25%, full price £490,000, £12,250 Min Deposit. Calculated using a representative rate of 4.42%