Mandara Place
£262,500 for a 50% share
Property description
Stylish apartment close to Surrey Quays station.
Property address
Mandara Place, Surrey Quays, SE8 5ET
2 
1 Shared Ownership
SHARED OWNERSHIP
Full Market Value: £525,000
Share Value (50%): £262,500
Monthly Rent: £586.25
Service Charge: £250.70
Ground Rent: £100.00 PA
Council Tax Band: C
125 year lease commenced November 2014 - 114 years remaining
EWS1 CERTIFICATION IS AVAILABLE FOR THIS BLOCK - A1 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.
The highlight of his bright and stylish apartment is the extra large south east facing balcony, giving you space to relax and dine throughout the year, accessed from the dual aspect open plan living area. The kitchen is fitted with white gloss wall and base units, and a dark wood effect worktop and features integrated appliances including a fridge freezer, oven, hob, extractor fan and dishwasher. Each of the spacious bedrooms has built-in wardrobes. The contemporary bathroom comes complete with a white three-piece suite with a shower over bath and a stone tile surround.
This apartment benefits from a sinking fund, which 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.
Mandara Place is in a fantastic location, with a variety of nearby shops, independent restaurants, and cafes. Surrey Quays Shopping Centre is just over a mile away, offering high street brands and a supermarket. Surrey Quays Overground station is just half a mile away, while Canada Water Overground and Underground stations are within a mile. The Thames Clipper service at Greenland Dock is also a short walk away, offering a scenic route along the river. Greenwich is a couple of miles away, providing an array of bars, restaurants, a cinema, markets, and more. Seven Islands Leisure Centre and Surrey Docks Fitness & Watersports Centres are within a short distance. The area also boasts beautiful green spaces like Southwark Park and Stave Hill Ecological Park.
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 £81,130. 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 February 2025.
This is an indication of how much these apartments might cost.
For more detailed information please register your interest in this property.
| Minimum Full Market Value | £525,000 |
|---|---|
| Minimum Share Percentage | 50% |
| Minimum Share Value | £262,500 |
| Monthly Service Charge | £251 |
| Minimum Deposit | £26,250 |
Mandara Place is in a fantastic location, with a variety of nearby shops, independent restaurants, and cafes. Surrey Quays Shopping Centre is just over a mile away, offering high street brands and a supermarket. Surrey Quays Overground station is just half a mile away, while Canada Water Overground and Underground stations are within a mile. The Thames Clipper service at Greenland Dock is also a short walk away, offering a scenic route along the river. Greenwich is a couple of miles away, providing an array of bars, restaurants, a cinema, markets, and more. Seven Islands Leisure Centre and Surrey Docks Fitness & Watersports Centres are within a short distance. The area also boasts beautiful green spaces like Southwark Park and Stave Hill Ecological Park.
Others
- Balcony
- Central heating
- Double Glazing
- Lift access
Outside space
- Terrace