£112,500
2 bed flat for sale
Sir Francis Drake Court, London SE10Shared ownership
Leasehold
2 beds
1 bath
1 reception
EPC Rating: B
Key information
Tenure
Leasehold (112 years)
Service charge
£406 per month
Council tax band
C
Ground rent
Ground rent date of next review
About this property
Bright and airy double main bedroom
Bathroom fitted with white three piece suite, with shower over bath and white tile surround
Allocated parking space
Two storage cupboards to hallway
Communal garden area with access to a communal tennis court
Good EPC rating - B
Video phone entry system
Open plan kitchen and living room with floor to ceiling windows
Kitchen fitted with light wood effect wall and base units, benefiting from stainless steel appliances
Shared ownership
Full Market Value: £450,000
Share Value (25%): £112,500
Monthly Rent: £730.30
Service Charge: £405.67
Council Tax Band: C
125 year lease commenced August 2010 - 112 years remaining
EWS1 certification is available for this property (B1 rating)
This waterfront apartment is located a short walk from Greenwich town centre with all its local amenities with an array of restaurants and local shops, a market, an art house, a cinema, the Royal Park, the Cutty Sark and Naval Museum. You can stroll down the Thames path into the Greenwich Village or the O2 is located nearby and provides the icon designer outlet, restaurants, cinema and regular entertainment activities.
Maze Hill mainline station is within a 10 minute walk and provides services to London Bridge in 13 minutes, Cannon Street and Blackfriars in 20 minutes, and St Pancras in 29 minutes. The Cutty Sark DLR is also a 15 minute walk away.
The North Greenwich Jubilee Line is also not too far away, giving great connections to central London with scheduled journey times of 2 minutes to Canary Wharf, 13 minutes to Westminster and 17 minutes to Bond Street.
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 £63,508. 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 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 2024.
More information
Listed by
L&Q - Pre Owned Shared Ownership Homes
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