2 bedroom apartment for sale
Booth Court, SE13 7JG
Share percentage 25%, full price £420,000, £10,500 Min Deposit.
Share percentage 25%, full price £420,000, £10,500 Min Deposit
Monthly Cost: £1,232
Rent £456,
Service charge £246,
Mortgage £530*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Excellent Transport Links - Private Balconies - Energy Efficient.
Description
Shared Ownership
Full Market Value: £420,000
Share Value (25%): £105,000
Monthly Rent: £456.46
Service Charge: £245.56
Council Tax Band: C
125 year lease commenced November 2015-116 years remaining
EWS1 - EWS1 Certification is not available for this property, However please note works being undertaken to remediate the cladding should be covered through the Building Safety Act.
L&Q welcomes you to view this two bedroom, eighth floor apartment.
This bright and spacious apartment consists of an open-plan kitchen and living area. The apartment is airy and bright. The property is flooded from the wide floor-length windows, leading onto a private balcony. The kitchen is fitted modern gloss wall units with a grey and white modern mosaic tiles. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob, extractor fan and dishwasher. The main double bedroom and second bedroom are spacious. The main bathroom comes complete with a white three piece suite and modern cream and brown tiles.
This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.
Situated on Thurston Road, Booth Court is well connected with Lewisham DLR only 0.4m walk which offers plenty of routes into the city, there are also alternative stations nearby to choose from with St John or Elverson DLR. A handy Asda's supermarket is across the road whilst Lewisham Shopping Centre is under half a mile and has a range of branded shops, boutique stores, cafes, coffee shops and restaurants to choose from. Brookmill park is just along the main road which is a lovely open green space to enjoy locally. Deptford & Greenwich is just over a mile away which has even more to offer with local markets & pop-up stores, museums, bars, restaurant and the famous Greenwich Park to explore.
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 £46,472. 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
- Private Balcony
- Good EPC Rating
- Good Length of Lease
- Lift Access
- Good Transport Links
- Communal Heating
- Pets Allowed
- Approx 0.4 miles walk to Lewisham Station and the DLR
Particulars
Tenure: Leasehold
Lease Length: 116 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: 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
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 £420,000, £10,500 Min Deposit. Calculated using a representative rate of 4.59%
