Studio apartment for sale
Prime Point - Plot 320 - Studio, SE10 0JT
Share percentage 25%, full price £375,000, £9,375 Min Deposit.
Share percentage 25%, full price £375,000, £9,375 Min Deposit
Monthly Cost: £1,311
Rent £645,
Service charge £193,
Mortgage £473*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Just Launched! Discover Prime Point in Greenwich Peninsula | A brand new collection of Manhattan Studios, 1 & 2 bedroom apartments in North Greenwich available through Shared Ownership.
Description
Just Launched! Prime Point, Greenwich Peninsula Brand New Shared Ownership Homes
Plot 320
Full Market Value: £375,500
Shared Value (25%): £93,875
Minimum deposit: £9,387.50
Required income: £41,000
Council tax band: TBC
Discover Prime Point in Greenwich Peninsula | A brand new collection of Manhattan Studios, 1 & 2 bedroom Shared Ownership homes designed for modern London living.
Each home offers private outdoor space, fully integrated appliances and concierge access. Located just an 8-minute walk from North Greenwich Underground Station, Prime Point places the best of London right at your doorstep.
Enjoy a sanctuary by the river in a Zone 2 location that brings the city's brightest experiences closer than ever.
Please note that, at this time, priority is given to those living and/or working in the Royal Borough of Greenwich.
Book a viewing today: lqhomes.com/primepoint
Key features:
- Concierge available to all residents
- Private outdoor space to all homes
- Fully integrated appliances
- Landscaped communal gardens and bright open spaces
- Overlooking the beautiful Central Park
- 8 minute walk to North Greenwich Underground Station, Zone 2
- Only 9 minutes to Canary Wharf via the underground
- With the IFS Cloud Cable Car nearby, Greenwich Peninsula provides a unique and scenic mode of transport
- Greenwich Park, an iconic landmark, is just an 8-minute cycle away
- With The O2 arena right at your doorstep, London's iconic live music venue, you'll enjoy convenient access to numerous shops, cafes, bars, and restaurants nestled within
What is Shared Ownership?
Shared Ownership is for anyone who doesn't currently own a home. If you want to get on the property ladder, but can't afford to buy outright on the open market, then Shared Ownership could be for you. Under the Shared Ownership scheme you part-buy/part-rent your home, making it possible for first-time buyers and families to get on the property ladder.
The minimum share you can purchase is 25% and the maximum is 75%. You will usually pay a mortgage on the part you own and a subsidised rent on the part you don't own. As your income rises, you can increase the share you own until you eventually own 100%.
Key Features
- Concierge available to all residents
- Private outdoor space to all homes
- Fully integrated appliances
- Landscaped communal gardens and bright open spaces
- 8 minute walk to North Greenwich Underground Station, Zone 2
- Only 9 minutes to Canary Wharf via the underground
- With the IFS Cloud Cable Car nearby, Greenwich Peninsula provides a unique and scenic mode of transport Greenwich Park, an iconic landmark, is just an 8-minute cycle away
- With The O2 arena right at your doorstep, London's iconic live music venue, you'll enjoy convenient access to numerous shops, cafes, bars, and restaurants nestled within
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 £375,000, £9,375 Min Deposit. Calculated using a representative rate of 4.59%
