2 bedroom apartment for sale
Nathan Way, Greenwich, SE28 0FA
Share percentage 25%, full price £445,000, £11,125 Min Deposit.
Share percentage 25%, full price £445,000, £11,125 Min Deposit
Monthly Cost: £1,584
Rent £765,
Service charge £267,
Mortgage £552*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
Summary
Coming soon to Plumstead, SE28 - a new collection of stylish homes surrounded by a 1.8-acre garden | Launching this autumn!
Description
Please note for a 3-month period priority is given to those who live and/or work in the London Borough of Greenwich with a maximum household income that does not exceed £71,000.
Lombard Square is a brand-new collection of Shared Ownership apartments in the Royal Borough of Greenwich, in southeast London.
All the homes will offer spacious, open-plan layouts with private outdoor space to every home, as well as access to the communal 1.8-acre Garden Square designed with your well-being in mind.
These amazing homes are in a prime position close to the River Thames, and just a 5-minute walk from Plumstead train station, and Woolwich and Woolwich arsenal stations close by with fast routes into central London.
What to expect at Lombard Square:
- Experience nature all around you with a new 1.8-acre Garden Square
- Gym, coffee shop and local supermarket on your doorstep*
- Take a 10-minute stroll to the Royal Arsenal Riverside and River Thames
- Catch direct trains to Canary Wharf, Liverpool Street & London Bridge
- Prime connections with Plumstead station just a 5-minute walk, and Woolwich and Woolwich Arsenal stations close by*
- Wheelchair adaptable homes available
Register your interest and be kept up to date with all the latest information about these homes, as well as helpful information and guides on buying through Shared Ownership.
What is Shared Ownership?
Shared Ownership is a government-backed part buy, part rent scheme that helps you to purchase a home that otherwise may not have been affordable. Through Shared Ownership, you can purchase a ‘share’ of a home, typically between 25% and 75%, and pay rent on the remaining amount. Then, over time, you can purchase more shares all the way up to 100%, or simply sell your home on the open market.
What's more, your deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable when compared to buying a home outright.
Register your interest or search “Peabody New Homes Shared Ownership” to find out more.
Disclaimers & T&Cs
*Images are CGIs subject to change
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
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 £445,000, £11,125 Min Deposit. Calculated using a representative rate of 4.42%
