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£102,500

1 bed flat for sale
Mandara Place SE8

    • 1 bed

    • 1 bath

    • 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 Length of Lease.

  • Good EPC rating.

  • Close to Local amenities.

  • Roof terrace.

  • Skyline views oof London.

Shared Ownership

Full Market Value: £410,000

Share Value (25%): £102,500

Monthly Rent: £761.64

Service Charge: £250.70

Council Tax Band: B

125 year lease commenced November 2014 - 114 years remaining

EWS1 - - EWS1 certification is available for this block - A1 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.

L&Q welcomes you to view this one bedroom, fifth floor apartment.

This bright and stylish open plan apartment has the benefit of a private balcony where you an relax and entertain. There is also a spacious roof top terrace with outstanding views. The kitchen is fitted with modern white gloss wall and base units and contemporaty work-tops. There are integrated appliances including a fridge freezer, oven, hob, extractor fan and dishwasher.

The bedrooms is spacious and full of natural light.. The stylish contemporary bathroom comes complete with a white three-piece suite with a shower over bath.

This apartment benefits from a sinking fund, which 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.

Mandara Place is in a fantastic location, with a variety of nearby shops, independent restaurants, and cafes. Surrey Quays Shopping Centre is just over a mile away, offering high street brands and a supermarket. Surrey Quays Overground station is just half a mile away, while Canada Water Overground and Underground stations are within a mile. The Thames Clipper service at Greenland Dock is also a short walk away, offering a scenic route along the river. Greenwich is a couple of miles away, providing an array of bars, restaurants, a cinema, markets, and more. Seven Islands Leisure Centre and Surrey Docks Fitness & Watersports Centres are within a short distance. The area also boasts beautiful green spaces like Southwark Park and Stave Hill Ecological Park.

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 £57,189. 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 May 2025.

More information

  • Tenure

    Leasehold (125 years)

  • Service charge

    £251 per month

  • Council tax band

    C

  • Ground rent

    £100

  • Ground rent date of next review

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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.