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2 bedroom apartment for sale

Available

Drummond House, SE18 6FW

£182,000 · Shared Ownership Resale

Share percentage 40%, full price £455,000, £18,200 Min Deposit.

Available
2 bedrooms
£182,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 40%, full price £455,000, £18,200 Min Deposit

Monthly Cost: £1,530
Rent £306, Service charge £305, Mortgage £919*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

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Eligibility

As a guide you will need to have a household income of at least £60,000. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £18,200.Total approximate savings required £22,200.

All London applicants will be considered, with priority given to Greenwich applicants

Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.

If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.

Summary

Two bedroom fifth floor apartment in the London borough of Greenwich

Description

Spacious and Light-Filled Two-Bedroom Apartment in Royal Arsenal Riverside

This well-maintained fifth-floor apartment boasts two generous double bedrooms and is located in the sought-after Royal Arsenal Riverside development. The property features a spacious open-plan kitchen and lounge, complete with a modern fitted kitchen, integrated fridge freezer, and dishwasher.

Enjoy the stunning views of Canary Wharf and beyond from the large south-facing balcony, perfect for relaxing or entertaining. Floor-to-ceiling windows throughout fill the space with natural light, while a large utility cupboard offers practical storage.

Conveniently situated above the new Elizabeth Line station, this apartment offers fast and frequent connections to central London.

Viewing day: Saturday 15 February – Please register your interest to secure an appointment

Floor Area

66 sqm

Length of lease

116 years remaining

Key Features

The subject property is within a short distance of the nearest DLR and Main line rail stations; Woolwich Arsenal with Crossrail Elizabeth Line Woolwich station also within close proximity.

The property is within a short distance of the local shopping and recreational facilities within the area and the river Thames

Local Transport:

Overground

Woolwich Arsenal (0.32 km)

Plumstead (0.97 km)

Underground

Woolwich Arsenal (0.32 km)

Particulars

Tenure: Not specified
Council Tax Band: Not specified

Map
Woolwich Arsenal (0.17 miles) Plumstead (0.53 miles) Woolwich Dockyard (0.76 miles)
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

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£182,000
Shared Ownership Resale
Estimated Monthly Cost:£1,530
Rent £306
Service Charge £305
Mortgage £919

Share percentage 40%, full price £455,000, £18,200 Min Deposit. Calculated using a representative rate of 4.59%


Notting Hill Genesis Resales
View properties by this developer
Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.