2 bedroom apartment for sale
Vertex Tower, SE8 3FE
Share percentage 50%, full price £515,000, £25,750 Min Deposit.
Share percentage 50%, full price £515,000, £25,750 Min Deposit.
Monthly Cost: £2,302
Rent £456,
Service charge £546,
Mortgage £1,300*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Allocated Parking - Private Balcony - Excellent Transport Links
Description
Shared Ownership
Full Market Value: £515,000
Share Value (30%): £154,500
Monthly Rent: £456.26
Service Charge: £545.75
Council Tax Band: D
125 year lease commenced January 2008 - 108 years remaining
EWS1 - B2 Rating, Managing agent to cover the remedial works that are required.
L&Q welcomes you to view this two bedroom, second floor apartment.
Thisbright andspaciousapartment consistsof an open-plan kitchen and living area, flooded with natural light from wide floor-length windows, leading onto a private balcony. The kitchen is fitted with white wall and base units, and a granite effect worktop. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob, and extractor fan. Two spacious double bedrooms. The bathroom comes complete with a white three-piece suite with a shower over bath and a white tile surround. Additional storage cupboards in hallway. One allocated parking space.
This spacious apartment is situated in the heart of Greenwich Creekside. You aremoments away from the array of amenities and attractions found in nearby Greenwich Village. For great transportlinks you have Greenwich Station (DLR, London Bridge and Thameslink) within easy reach, as is Cutty Sark DLR with fast and frequent services to Canary Wharf and the City. There are also numerous bus routes close by on Creek Road.
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 £66,510. 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 July 2024.
Key Features
- Allocated parking
- Private balcony
- Good EPC rating
- Approx 0.5 miles from Greenwich Railway Station
- Additional storage cupboards to hallway
- Within walking distance to Greenwich Park
- The Cutty Sark and Greenwich Market nearby
Particulars
Tenure: Leasehold
Lease Length: 108 years
Council Tax Band: D
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual Tour
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes
Outside Space/Garden: n/a - Private Balcony
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 50%, full price £515,000, £25,750 Min Deposit. Calculated using a representative rate of 4.59%
