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£167,500

2 bed flat for sale
Quebec Way, London SE16

    • 2 beds

    • 2 baths

    • 1 reception

  • Shared ownership
  • Leasehold

L&Q - Pre Owned Shared Ownership Homes

Logo of L&Q - Pre Owned Shared Ownership Homes

About this property

  • Private Balcony

  • Long Term Lease

  • Good EPC Rating

Shared Ownership

Full Market Value: £670,000

Share Value (25%): £167,500

Monthly Rent: £573.53

Service Charge: £354.66

Ground Rent: £100.00

Council Tax Band: E

125 year lease commenced January 2017 - 116 years remaining

EWS1 certification is available for this block - B1 rating- We are now working with an independent panel of Fire Engineers to review any L&Q building inspections conducted by Tri Fire. Where the panel is not satisfied with the inspection and certificate awarded, we will instruct a new inspection of the building as soon as possible.

This spacious apartment comprises a large open plan living area opening onto a private balcony and two double bedrooms, the master benefitting from a fitted wardrobes and an en-suite shower room. A contemporary bathroom and kitchen with fully integrated appliances complete the accommodation, with three large storage cupboards in the hallway.

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.

Quebec Quarter is situated on the historic site of London's Surrey Docks. Since the docks closed, the area has become one of central London's most appealing residential areas, offering rapid access to the whole of the Capital, as well as a distinctive neighbourhood identity that strongly reflects its maritime heritage.

In contrast to its leafy, suburban feel and woodland setting, Quebec Quarter is located just 10 minutes walk to Canada Water town centre and Jubilee Line services. Canada Water boasts a thriving local community with a mix of independent and chain shops, restaurants and coffee shops surrounding the beautiful Canada Water basin and its distinctive waterways, with central London locations including Canary Wharf and London Bridge accessible in under 5 minutes, and West End shopping at Bond Street in just 12 minutes.

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 £66,274. 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 the property for 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 at March 2025.

More information

  • Tenure

    Leasehold (117 years)

  • Service charge

    £355 per month

  • Council tax band

    E

  • Ground rent

    £100

  • Ground rent date of next review

See all recent sales in SE16

Property descriptions and related information displayed on this page are marketing materials provided by - L&Q - Pre Owned Shared Ownership Homes. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact L&Q - Pre Owned Shared Ownership Homes for full details and further information.