Sir Francis Drake Court
£87,500 for a 25% share
Property description
Our Winter Offer: A £1,000 Amazon voucher on completion!* Communal bike store, underfloor heating. Close to the Thames towpath.
Property address
Banning Street, Greenwich, SE10 0FF
1 
1 Shared Ownership
SHARED OWNERSHIP
Full Market Value: £350,000
Share Value (25%): £87,500
Monthly Rent: £626.31
Service Charge: £317.84
Council Tax Band: B
125 year lease commenced August 2010 - 110 years remaining
EWS1 Certification is available for this block - B1 rating
For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment*
This spacious apartment features an open-plan kitchen and living area, a well-proportioned double bedroom, and a family bathroom. Additionally, there are three large storage cupboards to meet your needs. This south-facing apartment also enjoys abundant sunshine through its floor-to-ceiling windows. It has been recently renovated, with new carpets fitted throughout.
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 £51,935. 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 October 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.
| Minimum Full Market Value | £350,000 |
|---|---|
| Minimum Share Percentage | 25% |
| Minimum Share Value | £87,500 |
| Monthly Service Charge | £318 |
| Minimum Deposit | £8,750 |
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