1 bedroom apartment for sale
25 Bessemer Place, SE10 0ND
Share percentage 25%, full price £400,000, £10,000 Min Deposit.
Share percentage 25%, full price £400,000, £10,000 Min Deposit
Monthly Cost: £1,348
Rent £586,
Service charge £257,
Mortgage £505*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Bright and spacious apartment with open-plan kitchen and living area, based at Greenwich Peninsular.
Description
SHARED OWNERSHIP
Full Market Value: £400,000
Share Value (25%): £100,000
Monthly Rent: £610.23
Service Charge: £294.48
Annual Ground Rent: £100.00
Council Tax Band: c
125 year lease commenced November 2015- 115 years remaining
EWS1 available - A2 Rating
This bright and spacious apartment consists of a stylish open-plan kitchen and living area, flooded with natural light from wide floor-length windows and door opening out onto a private balcony. The kitchen is fitted with gloss grey wall and base units, with under-cupboard lighting, and a wooden worktop. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob, extractor fan and dishwasher. A good sized bedroom, with a built-in wardrobe and a contemporary bathroom with a white three-piece suite with a shower over bath 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 of the London Underground, 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 £52,844. 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
- Great location
- Communal Garden
- Ample storage
- Communal heating
- Short Walk to North Greenwich station
- Undercover allocated parking
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
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 £400,000, £10,000 Min Deposit. Calculated using a representative rate of 4.59%
