Davis Way

Shared Ownership

Full Market Value:  £200,000

Share Value (50%):  £100,000

Monthly Rent:         £379.61

Service Charge:      £153.09

Council Tax Band:   B 

990 year lease commenced April 2006 - 972 years remaining

EWS1 - New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.

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

L&Q welcomes you to view this one bedroom, second floor apartment.

All rooms open off a spacious entrance hall in this apartment, in which there is a storage cupboard. There is a double bedroom to your right, which benefits from a built-in wardrobe.  On the other side of the hallway is a large open plan living area which incorporates a generous kitchen area and opens via double doors onto a private balcony.  A contemporary bathroom completes the accommodation. 

This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.

Davis Way is ideally located for local shops, providing easy access to everyday essentials. For commuters or those who enjoy exploring the area, the proximity to bus routes offers convenient transportation options. Families will appreciate the nearby schools, providing educational opportunities within reach. Additionally, nature enthusiasts can enjoy the serene surroundings of Foots Cray Meadows, offering a peaceful escape just moments away. 

Sidcup High Street and Sidcup station are a short bus ride away on the 492, 233 or 51 whilst New Eltham is a short bus ride on the 321 both offering excellent services into London Bridge, Cannon Street and Charing Cross. St Marys Cray train station is also within close proximity offering regular services to London Victoria.

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 £39,439. If you are offered the home, 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 September 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.

This is an indication of how much these apartments might cost.

For more detailed information please register your interest in this property.

Davis Way is ideally located for local shops, providing easy access to everyday essentials. For commuters or those who enjoy exploring the area, the proximity to bus routes offers convenient transportation options. Families will appreciate the nearby schools, providing educational opportunities within reach. Additionally, nature enthusiasts can enjoy the serene surroundings of Foots Cray Meadows, offering a peaceful escape just moments away. 

Sidcup High Street and Sidcup station are a short bus ride away on the 492, 233 or 51 whilst New Eltham is a short bus ride on the 321 both offering excellent services into London Bridge, Cannon Street and Charing Cross. St Marys Cray train station is also within close proximity offering regular services to London Victoria.

Others

• Balcony
• Central heating
• Double Glazing
• Pets allowed

Parking

• On street/resident parking

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