Elder House, SE16 7ES

SHARED OWNERSHIP

Full Market Value -£480,000

You Pay (35%) -£168,000

Monthly Rent -£623.47

Service Charge -£338.46

Annual Ground Rent -£100.00

Council Tax Band -D

250 year lease commenced in February 2018 - 242 years remaining

EWS1 certification is available for this property - B1 rating

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

This larger than average one bedroom apartment offers a spacious open plan living area opening onto a good sized private balcony. The kitchen comprises high gloss units and fully integrated appliances. A double bedroom, with mirrored wardrobes and a contemporary family bathroom complete the accommodation along with a large walk-in store accessed from the hallway.

Elder House is ideally situated within a 'stone's throw' from Canada Water Station which provides services into a multitude of London stations in as little as 6 minutes. The local area is home to an abundance of amenities, including restaurants at nearby Surrey Quays Shopping Centre. Both Canada Water & Surrey Quays stations are an approximate 10-minute walk away, providing easy access to the overground and jubilee lines. Popular local schools include Alfred Salter Primary School & Bacon's College both rated 'Good' by Ofsted.

Quebec Quarter is home to a large ecological park and the development is surrounded by greenery. Just a short walk away is the Thames Path giving access to the River and Greenland Pier.

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 £67,582. If you are offered the property, 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 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.