Lucida Court, 1 Papermill Place, E17 6GG

Shared ownership price:

£84,000 for a 30% share

  • Type

    Apartment

  • Bedrooms

    1

  • Bathroom

    1

  • Tenure

    Leasehold

Shared Ownership

Full Market Value:  £280,000

Share Value (30%):  £84,000

Monthly Rent:         £525.24

Service Charge:      £218.95

Council Tax Band:    B

125 year lease commenced December 2015 - 117 years remaining

EWS1 certification is available for this property

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

This bright and airy second floor apartment consists of a stylish open-plan kitchen and living area, and a spacious main double bedroom. The bathroom comes complete with a white three-piece suite with a shower over bath Bike storage subject to availability as well as underground parking.

Just a short stroll from our 500 acre Walthamstow Wetlands. The Green Flag award winning Wetlands is the largest nature reserve in London, packed with things to see and do and the perfect escape from City life. Best of all it's barely eight minutes from your new front door. Blackhorse Road tube station just a half mile away on foot. From here the Victoria Line will get you directly to Kings Cross in fifteen minutes, putting the heart of London less than a half hour away door to door. Heading to the West End? Oxford Circus is just five minutes further. Need to get to the City? Ride one stop to Walthamstow Central and swap to the overground for twenty minute runs to Liverpool Street. Or step off here entirely for the wining and dining delights of Walthamstow Village.

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.

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 £44,077. 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 www.lqhomes.com 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 November 2023

Local Area

Just a short stroll from our 500 acre Walthamstow Wetlands. The Green Flag award winning Wetlands is the largest nature reserve in London, packed with things to see and do and the perfect escape from City life. Best of all it's barely eight minutes from your new front door. Blackhorse Road tube station just a half mile away on foot. From here the Victoria Line will get you directly to Kings Cross in fifteen minutes, putting the heart of London less than a half hour away door to door. Heading to the West End? Oxford Circus is just five minutes further. Need to get to the City? Ride one stop to Walthamstow Central and swap to the overground for twenty minute runs to Liverpool Street. Or step off here entirely for the wining and dining delights of Walthamstow Village.

Property details

  • Underground parking

Pricing information

  • Minimum Full Market Value

    £280,000

  • Minimum Share Percentage

    30%

  • Minimum Share Value

    £84,000

  • Monthly Service Charge

    £219

  • Minimum Deposit

    £8,400

Map

Lucida Court, 1 Papermill Place, E17 6GG

Shared ownership price:

£84,000 for a 30% share

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