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1 bedroom apartment for sale

Available

Bessemer Place, SE10 0ND

£117,000 · Shared Ownership Resale

Share percentage 30%, full price £390,000, £11,700 Min Deposit.

Available
1 bedroom
1 Bathroom
Floor plan
floor-plan
Floor plan
floor-plan
£117,000 Shared Ownership Resale

Share percentage 30%, full price £390,000, £11,700 Min Deposit.

Monthly Cost: £1,451
Rent £572, Service charge £288, Mortgage £591*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

£
Summary

Within easy reach of North Greenwich Tube Station and The O2 Arena. Our Winter Offer: A £1,000 Amazon voucher on completion!*

Description

SHARED OWNERSHIP

Full Market Value: £390,000

Share Value (30%): £117,000

Monthly Rent: £571.54

Service Charge: £288.43

Council Tax Band: C

125 year lease commenced November 2016 - 117 years remaining

EWS1 Certification - Currently B2 but remediation costs will not be passed to residents

For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment*

Enter into this apartment and find a spacious double bedroom with fitted wardrobe, to your right The well proportioned open plan living area opens onto a good sized private patio balcony.with direct gated access to the communal gardens. A contemporary family bathroom completes the accommodation.

North Greenwich, nestled in South East London, is a bustling neighbourhood renowned for its contemporary feel and excellent connectivity. Its standout feature is the renowned O2 Arena, a hub for concerts, events, and entertainment spectacles. With picturesque views overlooking the River Thames, the area offers a delightful ambience. Thanks to the Jubilee Line, North Greenwich enjoys seamless access to both Canary Wharf and Central London, making it a favoured destination for both locals and visitors. Its proximity to Canary Wharf, a key financial hub, positions it as an appealing locale for professionals in finance and business sectors, providing them with easy access to employment opportunities and amenities in these thriving areas.

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 £54,401 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 December 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
  • Excellent transport links - situated in Zone 2
  • Within easy reach of North Greenwich Tube Station and The O2 Arena
  • Based in the heart of Greenwich Peninsula
  • Two generous walk-in storage cupboards
  • Integrated appliances
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C

Property Downloads
Key Information Document Floor Plan Energy Certificate
Map
North Greenwich (0.48 miles) West Silvertown (0.61 miles) Westcombe Park (0.84 miles)
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

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

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.

£117,000
Shared Ownership Resale
Estimated Monthly Cost:£1,451
Rent £572
Service Charge £288
Mortgage £591

Share percentage 30%, full price £390,000, £11,700 Min Deposit. Calculated using a representative rate of 4.59%


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.