Sir Francis Drake Court

Overview

SHARED OWNERSHIP

Full Market Value:  £450,000

Share Value (25%):  £112,500

Monthly Rent: £770.92

Service Charge: £398.52

Council Tax Band: C

125 year lease commenced August 2010 - 110 years remaining

EWS1 Certification is available for this property - (B1)

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

River views straight towards Canary Wharf across the River Thames. Full height glazing to living room, away from main roads and traffic noise. Merdian Line, The Shard and other landmarks are visible from the balcony. Two large storage cupboards, open plan lounge and kitchen, with contemporary family bathroom completes the accommodation. Private parking space included behind electronic gates, communal heating, caretaker attendance during working week. Underfloor hearing, fridge freezer and washer/dryer included. Walnut effect laminate floor with acoustic backing. Fibre and satellite connection to building. 

This waterfront apartment is located a short walk from Greenwich town centre with all its local amenities with an array of restaurants and local shops, a market, an art house, a cinema, the Royal Park, the Cutty Sark and Naval Museum. You can stroll down the Thames path into the Greenwich Village or the O2 is located nearby and provides the ICON designer outlet, restaurants, cinema and regular entertainment activities.

Maze Hill mainline station is within a 10 minute walk and provides services to London Bridge in 13 minutes, Cannon Street and Blackfriars in 20 minutes, and St Pancras in 29 minutes. The Cutty Sark DLR is also a 15 minute walk away.

The North Greenwich Jubilee Line is also not too far away, giving great connections to central London with scheduled journey times of 2 minutes to Canary Wharf, 13 minutes to Westminster and 17 minutes to Bond Street.

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 £64,714. 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 March 2025.

*The £500 B&Q Voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st August 2025 and then completes on the sale before 31st December 2025. 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. L&Q reserve the right to remove an incentive at any time.

Local area information

Sir Francis Drake Court

The apartment is located a short walk from Greenwich town centre. Greenwich has an array of restaurants, brasseries, bars and boutiques.  Maze Hill mainline station is a short walk, away and with the Cutty Sark DLR and North Greenwich Jubilee Line nearby, there are great connections to Central London. 

The surrounding area is steeped in history with the Royal Greenwich Park just minutes away. Greenwich Park is a fantastic place to see the views of London from the Royal Observatory, take the kids to the swing park and boating lake, go for a leisurely stroll through the flower gardens or see the enclosed deer park.