1 bedroom apartment for sale
Meadowcroft Mews, SE6 4AP
Share percentage 25%, full price £285,000, £7,125 Min Deposit.
Share percentage 25%, full price £285,000, £7,125 Min Deposit
Monthly Cost: £1,307
Rent £707,
Service charge £240,
Mortgage £360*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
One bedroom second floor apartment close to many outdoor green spaces such as Mountsfield Park and Ladywell Park.
Description
SHARED OWNERSHIP
Full market value - £285,000
You pay (25%) - £71,250
Monthly Rent - £706.59
Monthly Service Charge - £239.54
Annual Ground Rent - £100
125 year lease commenced in June 2016 (116 years remaining)
EWS1 CERTIFICATION IS AVAILABLE FOR THIS BLOCK - B2 RATING- We are now working with an independent panel of Fire Engineers to review any L&Q building inspections conducted by Tri Fire. Where the panel is not satisfied with the inspection and certificate awarded, we will instruct a new inspection of the building as soon as possible.
This second floor apartment consists of a dual aspect open plan living area opening onto a private balcony, a double bedroom and a part tiled modern bathroom.
Meadowcroft Mews is situated close to many outdoor green spaces such as Mountsfield Park and Ladywell Park with excellent local amenities including shops and supermarkets as well as excellent transport links with Catford, Catford Bridge, Hither Green and Ladywell Stations all nearby, along with brilliant bus links just a short walk away. Catford High Street has a huge variety of amenities from shops to supermarkets, bars and cafes.
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 £48,978. 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 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 transport links
- Close to local amenities
- Ample storage
- Communal heating
Particulars
Tenure: Leasehold
Lease Length: 116 years
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: Yes - Private Balcony
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 £285,000, £7,125 Min Deposit. Calculated using a representative rate of 4.59%
