1 bedroom apartment for sale
Flat 50, Building 22, Cadogan Road, SE18 6YL
Share percentage 30%, full price £300,000, £4,500 Min Deposit.
Share percentage 30%, full price £300,000, £4,500 Min Deposit.
Monthly Cost: £1,106
Rent £494,
Service charge £111,
Mortgage £501*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £90,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
1 Bedroom apartment at the desirable Royal Arsenal Development.
Description
Step inside this inviting residence, where you're greeted by a welcoming entrance hallway featuring a convenient storage/utility cupboard. Beyond lies the expansive open-plan living room, dining area, and kitchen. Bathed in natural light from its south-facing orientation, the living room offers a bright and airy atmosphere, perfect for relaxation and entertaining. Adjacent to this space is the dining area, providing the ideal setting for shared meals with friends and family. The modern kitchen boasts ample cupboard and worktop space, catering to all your culinary needs. Continuing through the corridor, you'll discover a spacious double bedroom.The property benefits from one allocated parking space.
Nestled within the Royal Arsenal Development in Greenwich, this home offers a plethora of nearby amenities. From a variety of bars, restaurants, cafes, and shops to excellent transport links, including Woolwich station, a mere 10-minute walk away, providing access to the Elizabeth Line, DLR, and National Rail Services. Additionally, the River Thames is just a short 4-minute stroll away, offering scenic walks and convenient Riverboat services.
- Full Market Value: £300,000
- Share: 30% £90,000
- Rent: £493.58
- Service Charge: £111.47
- EPC Rating: C
- Council Tax Band: B
Key Features
- One allocated parking space
- Abundant Natural Light
- Spacious Open Plan
- Modern Kitchen Design
- Newly renovated shower room
- Convenient Storage
- Vibrant Neighborhood
- Walking Distance to the River Thames
- Excellent Transport links
Particulars
Tenure: Leasehold
Lease Length: 108 years
Council Tax Band: B
Map
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 30%, full price £300,000, £4,500 Min Deposit. Calculated using a representative rate of 5.03%
