1 bed flat for sale

Osier House, London SE16

Shared ownership

Full Market Value - £425,000

You Pay (25%) - £106,250

Monthly Rent - £794.43

Service Charge - £356.50

Annual Ground Rent - £100

125 year lease commenced in December 2016 - 117 years remaining

Council Tax Band: D

EWS1: Is available for this property, B1

For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment*

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

This bright and spacious one bedroom apartment consists of a stylish kitchen, and living area flooded with natural light from wide floor-length windows. The kitchen is fitted with white glass wall and base units, wood grain effect worktop and tiled splash back. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob, extractor fan and dishwasher. Spacious, bright and airy main double bedroom with floor-length windows and built-in storage cupboards. The bathroom comes complete with a white three-piece suite with a shower over bath and a stone tile surround. Additional storage in 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 £62,882. 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 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 August 2024.

*The £1,000 Amazon voucher is currently being offered on this 1-bedroom resale apartment and is applicable to any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee. The voucher will be supplied within 75 days of completion of the purchase and will be an e-Voucher, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other 1-bedroom resales shared ownership apartment.