3 bedroom apartment for sale

Available

Chantrelle Court, SE8 5FA

£153,750 · Shared Ownership Resale

Share percentage 25%, full price £615,000, £15,375 Min Deposit.

Available
3 bedrooms
2 Bathrooms
Private Balcony/Terrace
Floor plan
floor-plan
Floor plan
floor-plan
£153,750 Shared Ownership Resale

Share percentage 25%, full price £615,000, £15,375 Min Deposit.

Monthly Cost: £1,909
Rent £828, Service charge £301, Mortgage £780*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Summary

Good EPC rating, Balcony, En-suite Bathroom, Communal Heating, Secure entry phone system.

Description

Shared Ownership

Full Market Value: £615,000

Share Value (25%): £153,750

Monthly Rent: £828.29

Service Charge: £301.00

Council Tax Band: C

125 year lease commenced Oct/2015 -116 years remaining

EWS1 - A1

L&Q welcomes you to view this two bedroom, 1st floor apartment.

Thisbright andspacioustwo bedroom apartment consistsof astylishopen-plan kitchen and living area, flooded with natural light from wide floor-length balcony doors which lead onto a balcony. The modern kitchen is fitted with cream wall and base units and a stone effect worktop. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob, extractor fan and dishwasher. The spacious main double bedroom benefits from built-in storage cupboards and an en-suite bathroom which is complete with a white three-piece suite with a shower and a wood effect surround. There is also the benefit of a second bathroom which includes a bath.

This apartment is perfectly located for quick and easy access to The City, Canary Wharf, Stratford and Greenwich, with Canada Water underground (Jubilee Line) and Surrey Quays overground stations. London Bridge is within 25 minutes journey time and Liverpool Street within 40 minutes. Thames Clipper services operate from Greenland Dock which is also within easy walking distance. The area is well serviced by a number of bus routes with stops within a minute's walk. Further afield, you are within 1.5 hours of Gatwick, Heathrow and Stansted airports.

Local amenities, including two local supermarkets, a couple of highly rated Bistros, fitness studios and beauty salons, and a local children's nursery are all within a few minutes walk as are the local GP and pharmacy.

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 £70,957. 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
  • Good EPC Rating
  • Balcony
  • En-Suite Bathroom
  • Modern Fitted Kitchen
  • Communal Heating
  • Secure Entry Phone System
Particulars

Tenure: Leasehold
Lease Length: 116 years
Council Tax Band: C

Property Downloads
Key Information Document Floor Plan Energy Certificate
Virtual Tour
https://nichecom.s3.eu-west-1.amazonaws.com/cat1000/2024/05/10/663df6d5b2acb-1118906.mp4
Map
Surrey Quays (0.40 miles) South Bermondsey (0.69 miles) Canada Water (0.72 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.

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  • 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.

£153,750
Shared Ownership Resale
Estimated Monthly Cost:£1,909
Rent £828
Service Charge £301
Mortgage £780

Share percentage 25%, full price £615,000, £15,375 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.