2 bedroom apartment for sale
Bombardier House, Whittle Road, SE3 9GZ
Share percentage 35%, full price £500,000, £17,500 Min Deposit.
Share percentage 35%, full price £500,000, £17,500 Min Deposit.
Monthly Cost: £2,119
Rent £801,
Service charge £430,
Mortgage £888*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Kidbrooke Station only a few minutes walk / Kidbrooke Village on the doorstep / Nearby green spaces at Sutcliffe Park, Blackheath & Greenwich Park
Description
SHARED OWNERSHIP
Full market value - £500,000
You pay (35%) - £175,000
Monthly Rent - £800.99
Monthly Service Charge - £430.01
Annual Ground Rent - £450
999 year lease commenced in January 2020 (993 years remaining)
EWS1 certification is available for this property - A1 rating
The apartment comprises of a large dual aspect open plan living, dining and kitchen area with floor to ceiling height windows opening onto a private corner balcony. The kitchen is fully equipped to a very high standard including a dish washer, fridge/freezer. The master bedroom has fitted wardrobes and modern ensuite bathroom. The second bedroom is also a good sized double. There is also a separate shower room.
Kidbrooke Station is a few mins walk from the apartment, offering a regular service to London Bridge (15 minutes), Victoria, Charing Cross, Waterloo East and Cannon Street plus links to Canary Wharf via the DLR (Lewisham).
Kidbrooke Village offers a newly opened on-site Sainsbury's, Starbucks, pharmacy, doctors, dentist, a coffee shop and a bar/restaurant.
Green spaces include Cator Park and the nature reserve as well as Sutcliffe Park, Blackheath and Greenwich Park all on your doorstep. It also has various gyms close by.
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 £78,584. 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 May 2024.
Key Features
- Good transport links
- Long lease
- Good EPC rating
- Underfloor heating
Particulars
Tenure: Leasehold
Lease Length: 993 years
Council Tax Band: D
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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 35%, full price £500,000, £17,500 Min Deposit. Calculated using a representative rate of 4.64%
