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Full details for 1 Bedroom Flat For Sale in Greenwich

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Description

Hargood House, 7 Norway Street, Greenwich, London, SE10 9FG
***30% shared ownership*** Available through the resale shared ownership scheme, a fourth floor, one-bedroom apartment with the benefit of an allocated parking space in a secure underground garage situated in the picturesque riverside New Capital Quay.

Property description:
The property comprises a communal entrance with phone entry system, lift access, open plan kitchen and reception with access private balcony, fitted kitchen with integrated appliances including dishwasher and washer/dryer, one double bedroom, bathroom with shower over bath and storage cupboard in hallway.

The property also benefits from east-facing views of Cutty Sark and the Royal Naval College, and access to allocated parking.

Length of Lease: Approx. 114 Years
Council Tax Band: Greenwich Council - B
Gross Internal Area: 48m2
Local area information

A fantastic apartment located just minutes from the buzzing bars and cafes of Greenwich and its stunning Royal Park, while also being a short journey to both Canary Wharf and the City of London.
Just a 5-minute walk from Cutty Sark DLR station and 6 minutes to Greenwich station for the mainline and DLR. Also close to the Thames Clipper at Greenwich Pier.
Bus links to North Greenwich, Lewisham, Surrey Quays, Bermondsey and Central London just steps away make this apartment even more well connected.
A short wander to the riverfront also provides views of the legendary fireworks display from the London Eye at New Year.
Each year you can enjoy the electric atmosphere of the London Marathon from the comfort of this apartment as runners pass by on Creek Road.
The prestigious New Capital Quay development is also home to Little Elms Nursery, a large onsite Waitrose, a gym, a dentist, and restaurants including Costa Coffee, The Sail Loft and The Oyster Catcher.

Financial Information:
Full Market Value: £420,000
30% Share: £126,000
*Monthly Rent: £425.03
*Monthly Service Charge: £234.81
**Annual Household Income: £46,000

*Please note the rent and service charge is reviewed annually 01 April.
** Based on a 90%, 25-year repayment mortgage with an interest rate at 4.5%.
***Is based on a 10% mortgage deposit. If you have a higher deposit the housing association can discuss how the salary required is reduced (approximately every 5% extra deposit reduces the salary required by £1,200).
Please note that any applicant/s will need to meet the shared ownership criteria as set by the Royal Borough of Greenwich.

Tenure: Leasehold

Council Tax: B

Lease Remaining: 114

Current ground rent: £150.00 Per Year

Ground rent review period: Every 250 years

Annual ground rent increase: 100%

Shared ownership, 30% offered for sale with £425 monthly rental
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