£123,200

This bright and modern one bedroom apartment in Greenwich is now available through Shared Ownership.

The property on the third floor comprises an entrance hallway, open-plan living room and kitchen, one bedroom and a bathroom. Perfect for singles or couples.

Outside, the property also benefits from a private balcony and a secure communal entrance lobby.

Disclaimer:

SO Resi are listing this property for sale on behalf of the Landlord - Pinnacle Spaces Limited. All enquiries received will be initially assessed for eligibility by SO Resi. Viewing appointments will be arranged directly via the shared owner once eligibility checks are completed.

For the purposes of processing and completing this application your personal data may be shared with Pinnacle Spaces Limited & Pinnacle Group and the existing shared owner in accordance with the information in our Privacy Policy at: SO Resi Privacy Policy. Please contact us if you require a copy of our Privacy Policy.

Available for £123,200 for 40% share based on the marketing figure of £308,000.

Monthly rent - £501.86
Monthly Service Charge - £139.15
Total Monthly Charge - £641.01 plus mortgage required for 40% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

The property is located on Felixstowe Road, just off the A2041 in Abbey Wood. Belvedere and Erith are to the east, while Plumstead and Woolwich are to the west. Eastern Way lies to the north and Lesnes Abbey Woods to the south. The A205 is nearby to the west, and the A2 to the south.

The property is well connected, with key transport links close by. Abbey Wood Station is just a 1-3 minute walk away, offering bus, Underground and National Rail services. Plumstead and Erith stations are also within easy reach.

The local high street is only a 5 minute walk, where you will find supermarkets, convenience stores, cafés and a range of shops. In addition, there are gyms, parks and open green spaces within an 11-15 minute walk, ideal for everyday convenience, fitness and outdoor activities.

Energy rating band - B

Environmental impact band - B

Years remaining on lease: 247

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by SO Resi and MTVH

You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.