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£175,000
Two bedroom apartment in gated development
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: £350,000
Share Value (50%): £175,000
Monthly Rent: £477.83
Service Charge: £309.07
Council Tax Band: C
125 year lease commenced July 2010 - 109 years remaining
EWS1 certification is available for this property - B2 rating - no remediation costs will be passed to residents
Enter this first floor apartment via a spacious hallway with storage. To your right find a well proportioned reception room leading to a dual aspect kitchen, which has a door to a private balcony. The modern kitchen includes an integrated oven, hob and extractor with spaces for your white goods. Two west facing double bedrooms each feature sliding doors opening onto the balcony. A part-tiled bathroom completes the accommodation.
Woolwich is undergoing huge regeration and has a growing selectiuon of shops and cafes and a leisure centre, with Charlton Lido not far away. A lttle further afield, Eltham High Street or the Broadway Shopping Centre in Bexleyheath are within easy reach and offer a wide variety of shops. Westfield Shopping Centre in Stratford offers more options via the DLR from Woolwich Arsenal Station.
Woolwich Ferry, is just over a mile aways - free service for cars and foot passengers. Woolwich Arsenal Station [DLR, overground and Elizabeth line] is less than a mile away with scheduled journey times to Cannon Street within 25 minutes and Charing Cross within 26 minutes. The DLR has trains running every 4 minutes, between Woolwich Arsenal and Stratford International. By Road, the A205/208 runs south from Woolwich providing access to the A2 and the M25.
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 £58,033. 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 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 March 2026.
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