£117,000
2 bed flat for salePapermill Place, Walthamstow E17
2 beds
2 baths
1 reception
- Shared ownership
- Pets allowed
- Leasehold
L&Q - Pre Owned Shared Ownership Homes
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About this property
Close to local amenities
Good transport links
Heating included in service charge
Full width terrace
Communal heating
Shared ownership
Full Market Value: £390,000
Share Value (30%): £117,000
Monthly Rent: £794.62
Service Charge: £243.11
Heating Charge: £36.32
Council Tax Band: C
Annual Ground Rent : £350
125 year lease commenced December 2015 - 115 years remaining
EWS1 certification is available for this block - B2 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.
Make this home your own, enjoy a £500 B&Q Voucher on completion*
Enter this ground floor apartment through a spacious hallway with storage. All roons open from this central point. There are two double bedrooms, each overlooking the full width terrace. The master benefits from fitted wardrobes and an en-suite shower room. A contemporary family bathroom serves the second bedroom. A well proportioned reception room, opening onto the terrace, incorporates a white kitchen with integrated oven, hob and extractor, with spaces for white goods. There is a designated parking space in the underground secure car park. Bike storage is subject to availability.
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.
Verdana Court is just a short stroll from the 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.
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 £60,807. 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 June 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.
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More information
Tenure
Leasehold (115 years)
Service charge
£279 per month
Council tax band
C
Ground rent
£350
Ground rent date of next review