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£93,750
One bedroom apartment moments from Canada Water
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: £375,000
You pay (25%): £93,750
Monthly Rent: £749.81
Monthly Service charge: £384.82
Council Tax Band: D
250 Year lease commenced in September 2018 - 242 years remaining
EWS1 form available for this property - B1 rating
This first floor apartment boasts a generous reception room, opening onto a large private balcony, which overlooks the well kept communal gardens. There is a separate fully fitted kitchen with integrated appliances. The double bedroom, which also overlooks the gardens, benefits from a built in wardrobe, and the accommodation is completed with a contemporary family bathroom. The apartment is well served with storage, with a walk-in store and additonal deep cupboard accessed from the hallway.
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.
Sequoia House is just moments from Canada Water station and steps from the award-winning Stave Hill ecological park. Surrey Quays shopping centre is only a short walk away to fulfill all your shopping needs, including a Tesco's superstore. There are plenty of other local shops, cafes and restaurants nearby.
The property is located with easy access to Canary Wharf, Bermondsey and Greenwich, all of which have a variety of shops, bars and restaurants. The Rotherhithe Tunnel is nearby for north of the river routes as well as local A roads and the Thames Clipper Boat Service is also found nearby.
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 £57,962 If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note; 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 the property for 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 at July 2026.
- Canada Water Rail Station (0.6km)
- Canada Water Underground Station (0.6km)
- Surrey Quays Rail Station (0.7km)
- Rotherhithe Rail Station (0.8km)
- Wapping Rail Station (1.3km)
- South Bermondsey Rail Station (1.5km)
- Heron Quays DLR Station (1.5km)
- Bermondsey Underground Station (1.6km)
- Canary Wharf DLR Station (1.6km)
- Limehouse DLR Station (1.6km)