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£139,500
Pet friendly, long lease, 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: £310,000
You pay (45%): £139,500
Monthly Rent: £557.17
Monthly Service Charge:£183.56
Annual Ground Rent - £ 0
990 year lease commenced in September 2004 (968 years remaining)
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.
All rooms open off a spacious entrance hall in this well presented apartment. There are two equally sized double bedrooms, the master having a dual south and west facing aspect and with useful fitted storage. A generous reception room opens onto a south facing juliette balcony. There is a separate modern kitchen fitted with a range of white wall and base units, with an integrated oven, hob and extractor and spaces for white goods. A contemporary family bathroom completes the accommodation.
This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.
Conveniently situated on Sidcup High Street, residents have easy access to a range of shops, cafes, restaurants, a cinema and other essential amenities.
The nearby train station also provides excellent transport links for commuters with a line via Lewisham (for DLR), to London Bridge, Cannon Street and Charing Cross. It's also a short drive to Abbey Wood for the Elizabeth Line.
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 £51,319. 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 at July 2026.
- Sidcup Rail Station (0.8km)
- Albany Park Rail Station (1.9km)
- New Eltham Rail Station (2.5km)
- Bexley Rail Station (3.5km)
- St Mary Cray Rail Station (3.6km)
- Mottingham Rail Station (3.9km)
- Chislehurst Rail Station (3.9km)
- Falconwood Rail Station (3.9km)
- Elmstead Woods Rail Station (4.2km)
- Welling Rail Station (4.2km)