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£162,500
Allocated parking space, communal garden
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 - £325,000
You pay (50%) - £162,500
Monthly Rent - £426.85
Monthly Service Charge - £183.20
990 year lease commenced in June 2008 (971 years remaining)
This apartment consists of a dual aspect open plan kitchen and living area with a juliette balcony overlooking the communal garden. The kitchen is fitted with white wall and base units, and a black granite effect worktop and includes an integrated oven, hob and extractor. There are two equally sized double bedrooms, one with a fitted wardrobe. The contemporary bathroom comes complete with a white three-piece suite with a shower over the bath with tile surround. This property also benefits from allocated parking.
The property is a stones throw from the ever popular New Eltham Village with the mainline station just a few minutes walk away. It is well within easy reach of all major transport links and local amenities.
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 £50,406. 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 April 2026.
