Sir Francis Drake Court
£118,750 for a 25% share
Property description
Purpose built apartment close to Maze Hill station
Property address
Banning Street, Greenwich, SE10 0FF
2 
1 Shared Ownership
SHARED OWNERSHIP
Full Market Value: £475,000
Share Value (25%): £118,750
Monthly Rent: £717.55
Service Charge: £448.83
Council Tax Band: C
125 year lease commenced August 2010 - 111 years remaining
EWS1 Certification is available for this block - B1 rating
This well presented spacious apartment consists of an open-plan kitchen and living area, two spacious double bedrooms and a family bathroom. There are also two large storage cupboards to cater for your needs.
The apartment is located a short walk from Greenwich town centre. Greenwich has an array of restaurants, brasseries, bars and boutiques. Maze Hill mainline station is a short walk, away and with the Cutty Sark DLR and North Greenwich Jubilee Line nearby, there are great connections to Central London.
The surrounding area is steeped in history with the Royal Greenwich Park just minutes away. Greenwich Park is a fantastic place to see the views of London from the Royal Observatory, take the kids to the swing park and boating lake, go for a leisurely stroll through the flower gardens or see the enclosed deer 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 £65,769. 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 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 July 2024.
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 | £475,000 |
|---|---|
| Minimum Share Percentage | 25% |
| Minimum Share Value | £118,750 |
| Monthly Service Charge | £449 |
| Minimum Deposit | £11,875 |
The apartment is located a short walk from Greenwich town centre. Greenwich has an array of restaurants, brasseries, bars and boutiques. Maze Hill mainline station is a short walk, away and with the Cutty Sark DLR and North Greenwich Jubilee Line nearby, there are great connections to Central London.
The surrounding area is steeped in history with the Royal Greenwich Park just minutes away. Greenwich Park is a fantastic place to see the views of London from the Royal Observatory, take the kids to the swing park and boating lake, go for a leisurely stroll through the flower gardens or see the enclosed deer park.
Others
- Central heating
- Double Glazing
Outside space
- Communal Garden