2 bed flat for sale

Sherard Road, Eltham SE9

Shared ownership

Full Market Value: £350,000

Share Value (45%): £157,500

Monthly Rent: £436.06

Service Charge: £277.08

Ground rent £100 per annum

Council Tax Band: C

125 year lease commenced April 2017 - 117 years remaining

EWS1 certification is available for this property - B1 Rating

This beautifully presented larger than average bright apartment has a spacious dual aspect living area opening on a private balcony with fantastic views. The kitchen features high gloss units with integrated appliances. There are two well-proportioned double bedrooms, one with a fitted wardrobe and a part tiled modern family bathroom.

This property benefits from a sinking/reserve 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

The apartment is situated in close proximity to the wealth of shops and cafes found on the nearby Eltham High Street. Also, Eltham Station is nearby for regular services into London Bridge and Charing Cross.

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 £56,660. 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 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 February 2025.