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£107,250
One bedroom purpose built apartment just off Southend Lane.
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.
** If you would like to arrange a viewing for this property please click to register your interest. If you have an eligible Shared Ownership application with L&Q, you will be sent the sellers contact information to arrange a viewing**
Shared Ownership
Full Market Value - £195,000
Share Value (55%): £107,250
Monthly Rent: £295.73
Service Charge - £182.10
Annual Ground Rent - £0
Council Tax Band - B
990 year lease commenced in November 1991- 955 years remaining
EWS1-New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
This bright and spacious ground floor apartment is ready for you to put your stamp on it. Enter into a square hallway with two storage cupboards. To your right find a well proportioned double bedroom with fitted storage. To your left, pass through into the dual aspect reception room with an archway into a modern kitchen. A tiled bathroom completes the accommodation.
Maroons Way is a cul de sac, ideally situated for the many local amenities of Sydenham and Bell Green, while the further amenities of Bromley are also easily accessible. Lower Sydenham Station (Overground) which is less than a mile away offers direct access into London Bridge and Charing Cross. Bellingham Station (Overground), or Beckenham Hill Station (Overground) offer direct access into Blackfriars and Sevenoaks. The many local bus routes offer access into Bromley, Catford, and Forest Hill, while A205 (South Circular) offers a direct link into and out of London.
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 £36,522. 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 March 2026.
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