2 bedroom apartment for sale
Norman Road, SE10 9QZ
Share percentage 30%, full price £425,000, £12,750 Min Deposit.
Share percentage 30%, full price £425,000, £12,750 Min Deposit
Monthly Cost: £1,842
Rent £694,
Service charge £504,
Mortgage £644*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Private balcony, good transport links, long lease.
Description
Shared Ownership
Full Market Value: £425,000
Share Value (30%): £127,500
Monthly Rent: £693.66
Service Charge: £503.69
Council Tax Band: C
125 year lease commenced January 2006 - 106 years remaining
EWS1 - B2 Rating - We are now working with an independent panel of Fire Engineers to review any L&Q building inspections conducted by Tri Fire. Where the panel is not satisfied with the inspection and certificate awarded, we will instruct a new inspection of the building as soon as possible.
L&Q welcomes you to view this two bedroom, ground floor apartment.
This bright and spacious apartment consists of an open-plan kitchen and living area, flooded with natural light from doors leading onto a private balcony. The kitchen is fitted with grey wall and base units, and solid wood worktop. The kitchen also benefits from integrated appliances including an oven, hob and extractor fan. Spacious main double bedroom benefitting from built-in wardrobe. Bright and airy second double bedroom, also benefiting from built-in wardrobe. 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.
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 £68,516. 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.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 February 2025.
Key Features
- Long Term Lease
- Good EPC Rating
- Good Transport Links
- Private Balcony
- Allocated parking bay
Particulars
Tenure: Leasehold
Lease Length: 106 years
Council Tax Band: C
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 30%, full price £425,000, £12,750 Min Deposit. Calculated using a representative rate of 4.59%