Flat for sale in Pepys Court, 20 Love Lane SE18

£152,000
Interested in this property? Call +44 20 8022 5439 * or Request Details

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Flat for sale - 2 bedrooms

2 1 1

Tenure:
Leasehold
Time remaining on lease:
114 years
Service charge:
£394.5 per month
Ground rent:
Not available
Council tax band:
D

Property features

  • Lounge diner open plan to kitchen
  • Kitchen fitted with high gloss, cream wall and base units and brown worktops. Integrated oven hob, extractor fan and fridge/freezer and space for a washing machine/dishwasher
  • Lounge area has a door leading onto the balcony.
  • Bedroom with fitted wardrobe
  • Bathroom fitted with white suite, shower over bath and glass shower screen
  • Communal biomass boiler heating system, which will provide hot water and heating (not tested)
  • Double glazing
  • Communal paved courtyard with seating areas
  • Entry phone system (not tested)

Property description



Shared ownership

Full Market Value: £380,000

Share Value (40%): £152,000

Monthly Rent: £ 590.97

Service Charge: £ 394.50

125 year lease commenced December 2013 - 114 years remaining

EWS1 - New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.

Woolwich town centre is a short walk away and nearby transport links include the newly opened Elizabeth line, DLR and mainline station and the Thames Clipper boat service. The nearby Royal Arsenal development also is home to some fabulous bars and restaurants. Already home to excellent mainline rail services and DLR, Woolwich's Elizabeth Line is now open. This connects Woolwich to Canary Wharf (8mins), Bond Street (21mins) and Heathrow (47mins). Together with the redevelopment of the Royal Arsenal along the south bank of the River Thames, Woolwich has fast become a sought after urban centre. Plumstead offers a greener setting, with coffee shops, restaurants, local supermarkets, and the vast commons providing a perfect backdrop to some stunning period properties.

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 £65,448. 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 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 April 2024.

Property info

Floorplan(s): Floorplan 1

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For more information about this property, please contact
L&Q - Pre-Owned Shared Ownership Homes, E15 on +44 20 8022 5439 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by L&Q - Pre-Owned Shared Ownership Homes, and do not constitute property particulars. Please contact L&Q - Pre-Owned Shared Ownership Homes for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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