2 bedroom house for sale

Available

Norman Rd, SE10 9QZ

£172,000 · Shared Ownership Resale

Share percentage 40%, full price £430,000, £17,200 Min Deposit.

Available
2 bedrooms
1 Bathroom
Floor plan
floor-plan
Floor plan
floor-plan
£172,000 Shared Ownership Resale

Share percentage 40%, full price £430,000, £17,200 Min Deposit.

Monthly Cost: £1,975
Rent £556, Service charge £546, Mortgage £873*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Summary

Allocated Parking - Private Balcony - Energy Efficient

Description

Shared Ownership

Full Market Value: £430,000

Share Value (40%): £172,000

Monthly Rent: £556.35

Service Charge: £545.77

Council Tax Band: C

125 year lease commenced October 2007 - 108 years remaining

EWS1 - EWS1 certification status for this property is the responsibility of a third party and is currently a B2 Rating. More information on EWS1 certificates can be found on the LQ Group website by searching "EWS1".

L&Q welcomes you to view this two bedroom, first floor apartment.

Thisapartment consistsof an open-plan kitchen and living area, with wide floor-length windows leading out onto the private balcony. The kitchen is fitted with light wood effect wall and base units, with a granite effect worktop. The kitchen also benefits from integrated appliances including an oven, hob, and extractor fan. Spacious main double bedroom benefitting from built-in storage cupboards. Second double bedroom also benefiting from some additional storage. The bathroom comes complete with a white three-piece suite with a shower over bath and a white tile surround. Additional storage cupboard in hallway. One allocated parking space.

This property is situated close to the centre of Greenwich, where you can find lots of great restaurants, bars and cafes (many of which sit near the River Thames) boutique shopping, the famous Greenwich market, fabulous history including the Old Royal Naval College, great museums and of course the stunning Greenwich park with its spectacular views of London. Greenwich is well served by public transport. There are two rail stations Greenwich and Maze Hill, which serve central London, East London and parts of Kent. Greenwich and The Cutty Sark stations are part of the Docklands Light Railway (DLR) network.

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 £73,380. If you are offered the home, 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 www.lqhomes.comand 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
  • Allocated parking
  • Private balcony
  • Good EPC rating - B
  • Approx. 0.3 miles from Greenwich Station and approx 0.3 miles from Cutty Sark DLR Station
  • A short walk away from Greenwich Market
  • Communal garden
  • Storage cupboard in hallway
  • Approx. 0.5 miles from Greenwich Pier with access to the Thames Clipper Ferry
Particulars

Tenure: Leasehold
Lease Length: 108 years
Council Tax Band: Not specified

Property Downloads
Key Information Document Floor Plan
Virtual Tour
https://nichecom.s3.eu-west-1.amazonaws.com/cat1000/2024/04/29/662f94e79c49f-1116452.mp4
Map
Greenwich (0.13 miles) Cutty Sark for Maritime Greenwich (0.24 miles) Deptford Bridge (0.47 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

Read More Read Less
  • 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.

£172,000
Shared Ownership Resale
Estimated Monthly Cost:£1,975
Rent £556
Service Charge £546
Mortgage £873

Share percentage 40%, full price £430,000, £17,200 Min Deposit. Calculated using a representative rate of 4.64%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.