Available

£280,000

Yeoman Street, Surrey Quays, , SE8 5FA
Share 50% / Full price £560,000 / Min deposit £28,000

Apartment
3 bedrooms
2 bathrooms

L&Q Group
0330 038 6486 Ext 5167
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Summary

Great location - three double bedrooms - suit sharers

Eligibility

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.

Description

SHARED OWNERSHIP

Full Market Value: £560,000

Share value (50%): £280,000

Monthly rent: £574.07

Service Charge: £269.29

Council Tax Band: D

125 Year lease commenced in October 2015 - 114 years remaining

EWS1 CERTIFICATION IS AVAILABLE FOR THIS BLOCK - B1 RATING-

Enter this spacious east facing apartmtn via a hallway with storage and utility cupboard. To your right find a well proportioned open plan reception room opening onto a private balcony. The modern high gloss kitchen includes integrated appliances. There are three generous double bedrooms, each including mirrored wardrobes and one having access to an en-suite shower room. The other two bedrooms are served by a contemporary bathroom.

This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof

Yeoman Street is perfectly located for quick and easy access to The City, Canary Wharf, Stratford and Greenwich, with Canada Water underground (Jubilee Line) and Surrey Quays overground stations. London Bridge is within 25 minutes journey time and Liverpool Street within 40 minutes. Thames Clipper services operate from Greenland Dock which is also within easy walking distance. The area is well serviced by a number of bus routes with stops within a minute's walk. Further afield, you are within 1.5 hours of Gatwick, Heathrow and Stansted airports.

Local amenities, including two local supermarkets, a couple of highly rated Bistros, fitness studios and beauty salons, and a local children's nursery are all within a few minutes walk as are the local GP and pharmacy.

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 £78,208. 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 January 2026.

Description

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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.

L&Q Group
Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy Ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.
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£280,000 Shared Ownership Resale Full price £560,000
Estimated monthly cost £2,259
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