2 bedroom apartment for sale
Booth Court, Thurston Road, SE13 7JG
Share percentage 25%, full price £405,000, £10,125 Min Deposit.
Share percentage 25%, full price £405,000, £10,125 Min Deposit.
Monthly Cost: £1,197
Rent £432,
Service charge £251,
Mortgage £514*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Purpose built apartment in the heart of Lewisham
Description
SHARED OWNERSHIP
Full Market Value: £405,000
Share Value (25%): £ 101,250
Monthly Rent: £ 431.92
Service Charge: £ 251.05
Ground Rent: £100 pa
Council Tax Band: B
125 year lease commenced November 2015 - 116 years remaining
EWS1 - EWS1 Certification is not available for this property, However please note works being undertaken to remediate the cladding should be covered through the Building Safety Act.
Before viewing the property, we advise you seek guidance from your mortgage broker as to whether you can obtain a mortgage without the EWS1 form.
This apartment has a bright and airy main reception room including kitchen and which opens onto a private balcony. There are two generously sized double bedrooms, the master with fitted wardrobe and en-suite shower room. A contemporary family bathroom completes the accommodation.
Situated on Thurston Road, Booth Court is close to Lewisham Town Centre and a range of bars, restaurants and shops. Nearby Lewisham Station offers quick and convenient transport to Canary Wharf and The City.
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 £45,087. 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 websitelqhomes.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 July 2024.
Key Features
- Well located
- Integrated appliances
- Ample storage
- Communal heating
Particulars
Tenure: Leasehold
Lease Length: 116 years
Council Tax Band: B
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual Tour
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 25%, full price £405,000, £10,125 Min Deposit. Calculated using a representative rate of 4.64%
