2 bedroom apartment for sale
Lambarde Square, SE10 9GB
Share percentage 25%, full price £485,000, £12,125 Min Deposit.
Share percentage 25%, full price £485,000, £12,125 Min Deposit.
Monthly Cost: £2,208
Rent £1,224,
Service charge £369,
Mortgage £615*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Two bedroom, two bathroom third floor apartment with private balcony
Description
SHARED OWNERSHIP
Full market value: £485,000
You pay (25%): £121,250
Monthly rent: £1224.38
Monthly service charge: £369.35
Annual Ground rent: £100.00
Council Tax Band: D
125 Year lease commenced September 2012 - 114 years remaining
EWS1 Certification is available for this property : B1 rating.
On entering this apartment, find the two double bedrooms to your right, the master with fitted wardrobe and en-suite shower room. Walk past the contemporary family bathroom into the dual aspect living area, which is flooded with light from the large windows. A larger than average balcony suitable for reclining or dining opens from the living area.
Greenwich Square is created around a vibrant public square, including leisure facilities, GP/Surgery, library, swimming pool and gym with around 30 different exercise classes for both adults and kids including Yoga and Pilates. There is a range of retail amenities as well as providing a diverse mix of apartments, maisonettes and townhouses.
Maze Hill station is a short walk away, just two stops from London Bridge and North Greenwich tube is just a ten-minute bus ride away. Numerous bus routes into Greenwich offer further overground and DLR connections to Canary Wharf and East London.
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 £81,635. 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 www.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 July 2024.
Key Features
- Good transport links
- Good EPC Rating - B
- Within Building Warranty
- Integrated appliances
- Ample storage
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
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 £485,000, £12,125 Min Deposit. Calculated using a representative rate of 4.64%
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