2 bedroom apartment for sale
Hargood House, 7 Norway Street, SE10 9FG
Share percentage 25%, full price £490,000, £12,250 Min Deposit.
Share percentage 25%, full price £490,000, £12,250 Min Deposit.
Monthly Cost: £1,638
Rent £747,
Service charge £273,
Mortgage £618*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £90,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
Available through our resale shared ownership scheme, a sixth floor, two-bedroom apartment in Greenwich.
Description
The property comprises a wheelchair accessible communal entrance with entry system, lift access, open plan kitchen and reception, kitchen with integrated appliances, two bedrooms, family bathroom with shower over bath and hallway storage.
The property also benefits from access to allocated parking.
EWS1 Available
Lease: Commenced 2013 with 125-year term
Council Tax Band: Greenwich Council - D
Approx. Gross Internal Area: 819sq.ft.
Prior to viewing: All applicants must be registered and approved by Hyde New Homes and may be required to carry out a shared ownership affordability assessment.
FINANCIAL INFORMATION
Property Value = £490,000
Percentage Share = 25%
Share Price = £122,500
Monthly Rent = £747.43
Monthly Service Charge = £272.71
Please note the rent and service charge is reviewed annually 01 April.
Your home may be at risk if you do not keep up your mortgage and rent repayments. Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract. Areas, distances or measurements referred to are approximate. For confirmation of property details refer to the terms of the lease and plans from your solicitor. Hyde New Homes Resale properties are sold as seen, photographs and details (excluding financial information) are provided by the leaseholder. Please note that the Resales Team have not visited this property.
Key Features
- Hargood House is adjacent to a Waitrose supermarket and offers easy access to a variety of local shops, cafes, and restaurants in both Greenwich and nearby Deptford. The area is known for its diverse dining options and boutique stores, making it a lively and convenient place to live.
- Additionally, you’re within walking distance of iconic landmarks such as the Cutty Sark, National Maritime Museum, Greenwich Park, and the Royal Observatory. The River Thames and Thames Pathway are just a minute’s walk away, offering lovely riverside strolls. This mix of cultural attractions, excellent transport links, and local amenities makes it a prime location for both families and professionals.
- Greenwich train station is just a 10-minute walk away, offering regular services to London Bridge and Cannon Street. The Cutty Sark DLR station is a 5-minute walk, connecting you to Canary Wharf and Central London. The Thames Clipper riverboat service is also a 5-minute walk away, providing a scenic commute along the River Thames. Local bus routes further enhance connectivity.
- The area is surrounded by several schools and nurseries, making it ideal for families. Local options include primary and secondary schools with good reputations, as well as nurseries within walking distance.
Particulars
Tenure: Leasehold
Lease Length: 114 years
Council Tax Band: D
Property Downloads
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 £490,000, £12,250 Min Deposit. Calculated using a representative rate of 4.59%
