Sir Francis Drake Court
£100,000 for a 25% share
Property description
Our Winter Offer: A £1,000 Ikea voucher on completion*. Two bedroom water front apartment with allocated parking.
Property address
Sir Francis Drake Court, London, SE10 0FF
2 
1 Shared Ownership
SHARED OWNERSHIP
Full Market Value: £400,000
Share Value (25%): £100,000
Monthly Rent: £730.30
Service Charge: £405.67
Council Tax Band: C
125 year lease commenced August 2010 - 111 years remaining
EWS1 certification is available for this property (B1 rating)
For a limited time, enjoy a £1,000 Ikea voucher to help with your move on this apartment*
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 £61,178. 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 November 2024.
*The £1,000 Ikea voucher incentive is available for a limited time on all 2, 3 and 4 bedroom resales properties and is redeemable for any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee, and where the buyer is purchasing a higher share than is being sold. The vouchers (2 x £500) will be supplied within 75 days of completion of the purchase and will be E-Vouchers, 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 or L&Q 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 resales shared ownership property.
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 | £400,000 |
|---|---|
| Minimum Share Percentage | 25% |
| Minimum Share Value | £100,000 |
| Monthly Service Charge | £406 |
| Minimum Deposit | £10,000 |
This water front apartment is located a short walk from Greenwich town centre with all its local amenities with an array of restaurants and local shops, market, art house 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.
Parking
- Allocated parking
Outside space
- Communal Garden
Others
- Double Glazing