Mandara Place
£102,500 for a 25% share
Property description
Long length of lease, good EPC rating, private roof terrace. Make this home your own, enjoy a £500 B&Q Voucher on completion*.
Property address
Mandara Place, SE8 5ET
1 
1 Shared Ownership
Shared Ownership
Full Market Value: £410,000
Share Value (25%): £102,500
Monthly Rent: £761.64
Service Charge: £250.70
Council Tax Band: B
125 year lease commenced November 2014 - 114 years remaining
EWS1 - - 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.
L&Q welcomes you to view this one bedroom, fifth floor apartment.
This bright and stylish open plan apartment has the benefit of a private balcony where you an relax and entertain. There is also a spacious roof top terrace with outstanding views. The kitchen is fitted with modern white gloss wall and base units and contemporaty work-tops. There are integrated appliances including a fridge freezer, oven, hob, extractor fan and dishwasher.
The bedrooms is spacious and full of natural light.. The stylish contemporary bathroom comes complete with a white three-piece suite with a shower over bath.
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 £57,189. 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 May 2025.
*The £500 B&Q Voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st August 2025 and then completes on the sale before 31st December 2025. 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. L&Q reserve the right to remove an incentive at any time.
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 | £410,000 |
|---|---|
| Minimum Share Percentage | 25% |
| Minimum Share Value | £102,500 |
| Monthly Service Charge | £251 |
| Minimum Deposit | £10,250 |
Mandara Place is located in a modern development with nearby shops, local independent restaurants and cafes offering quality dining. Surrey Quays Shopping Centre is within 1.1 miles providing a variety of high street shops and a supermarket.
Greenwich is within 2 miles, offering a number of bars, restaurants, cinema, market and much more. If you like to keep fit then both Seven Islands Leisure Centre is within 1 mile and Surrey Docks Fitness & Watersports Centre is within 0.2 miles. The area boasts numerous green spaces including Southwark Park and Stave Hill Ecological Park.
Surrey Quays Overground station is within 0.7 miles and Canada Water Overground and Underground station is within 1.5 miles. Greenland Dock is a short walk for the Thames Clipper service.