Quilters Place

Overview

Shared Ownership 

Full Market Value: £ 260,000

Share Value (55%):  £ 143,000

Monthly Rent:     £ 283.43

Service Charge:    £ 170.81

Council Tax Band:    B

99-year lease commenced June 2008 - 82 years remaining 

EWS1 - This building has been assessed and deemed compliant via its FRA. No further intrusive inspections, or inspections beyond its FRA are required. 

For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1-bedroom apartment* 

L&Q welcomes you to view this one bedroom, second floor apartment.

This property benefits from a open plan living / kitchen / diner. The kitchen is fitted with wood effect wall and base units, finished with a dark grey worktop. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob and extractor fan. The double bedroom benefits from built-in storage cupboards. The bathroom comes complete with a white three-piece suite with a shower over bath and a stone tile surround. One allocated parking space. 

This property benefits from a sinking fund. A sinking fund 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.

With direct links from New Eltham Station into London Bridge Station in just 18 minutes, this property is perfect for those commuting into London. Also benefitting from a bus stop just a short walk from the front door. This property also benefits from local amenities, schools and green spaces including Avery Hill.

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 £42,204. 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 September 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.

Local area information

Quilters Place

With direct links from New Eltham Station into London Bridge Station in just 18 minutes, this property is perfect for those commuting into London. Also benefitting from a bus stop just a short walk from the front door. This property also benefits from local amenities, schools and green spaces including Avery Hill.