1 bedroom apartment for sale
Norman Road, SE10 9QZ
Share percentage 60%, full price £365,000, £21,900 Min Deposit.
Share percentage 60%, full price £365,000, £21,900 Min Deposit.
Monthly Cost: £1,834
Rent £306,
Service charge £422,
Mortgage £1,106*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
One bedroom purpose built apartment Our Autumn Offer: A £1,000 Amazon voucher on completion!*
Description
SHARED OWNERSHIP
Full Market Value: £365,000
Share Value (60%): £219,000
Monthly Rent: £305.61
Service Charge: £421.77
Council Tax Band: B
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".
For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom 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 high gloss units, with a granite worktop. The spacious double bedroom benefits from built-in storage cupboards. A family bathroom with a white three-piece suite with a shower over bath and a white tile surround completes the accommodation.
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 £68,638. 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 November 2024.
*The £1,000 Amazon voucher is currently being offered on this 1-bedroom resale apartment and is applicable to any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other 1-bedroom resales shared ownership apartment.
Key Features
- Good EPC rating
- Great Transport links
- Private balcony
- Communal gardens
Particulars
Tenure: Leasehold
Lease Length: 108 years
Council Tax Band: B
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: n/a
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 60%, full price £365,000, £21,900 Min Deposit. Calculated using a representative rate of 4.59%