Shipman Road
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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Key features
- Lounge Open planned.
- Kitchen fitted with black wall and base units and white worktops. Integrated oven/hob and extractor fan, fridge freezer and washer/dryer.
- Two Bedrooms.
- Bathroom fitted with white suite, hand shower over bath, heated towel rail and tiled flooring.
- Underfloor heating with room thermostats (not tested).
- Triple glazing.
- Allocated parking.
- South Facing 8sqm Balcony.
- Cross rail due to complete 2019.
Description
SHARED OWNERSHIP
Full Market Value
£400,000
Share Value (25%)
£100,000
Monthly Rent
£717.15
Service Charge
£169.07
Ground Rent
£350.00 per annum
125 year lease commenced in April 2017 –124 Years Remaining
Local Information & Transport
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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 at September 2018.
The buyer will require a deposit to obtain a mortgage for this property
This home is available to anyone that is affordable, Offers are subject to a financial assessment and you will be expected to buy the maxuimum share that you can afford.
Only applicants who are registered with London and Quadrant will be eligible to be offered the property for our schemes. If you are not registered please visit our website http://www.lqgroup.org.uk/ and register to obtain your unique reference number e.g. LQS0012345
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 at September 2018
Shared Ownership
For details of the shared ownership, including % of property share and the rent payable, please contact the agent
Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.
GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.
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ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.
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LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.
89 years left
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Shipman Road
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Prince Regent Station0.2 miles
- Custom House Station0.3 miles
- Royal Victoria Station0.6 miles
About the agent
L&Q is a charitable housing association and one of the country’s leading homeownership housing associations, helping thousands of buyers with the purchase their first homes.
L&Q offer pre-owned homes across the UK, also known as ‘resale’ homes. Resale homes are available to purchase for the full market value or also with Shared Ownership. These could be houses, maisonettes or apartments, and are available for a limited time only.
To see L&Q shared ownership resale homes, please vi
Notes
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