£140,250
Small block with gated parking close to A20
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: £255,000
Share Value (55%): £140,250
Monthly Rent: £317.16
Service Charge: £223.23
Ground Rent: £100 per annum
Council Tax Band: B
125 year lease commenced April 2009 - 107 years remaining
Guidance from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 certificate for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
Enter this dual aspect apartment via a hallway with storage and utility cupboard. The main reception room opens one small private balcony. Find a separate kitchen/breakfast room fitted with Beech effect wall and base units and including integrated oven, hob and extractor. Ther are two west facing double bedrooms, one larger than the other and these are served by a family bathroom.
Situated in a residential area and conveniently located for Nugent Shopping Park and Orpington High Street, where you will find a large selection of shops, restaurants and a cinema. St Mary's Cray train station is located within 0.9 miles and has fast and frequent services into London Blackfriars, Victoria and Sevenoaks. There is also a regular bus service is just 0.1 mile away providing excellent services into Sidcup or Orpington town centres.
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 £44,224. 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. In order to register, please visit our website lqhomes.com to register and 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 April 2026.