1 bed flat for sale

Maple Quays, Albatross Way, Canada Water SE16

25% Shared Ownership - A spacious 573sqft apartment located in the heart of Canada Water, moments from the station. Boasting a balcony, a modern kitchen, large bedroom, useful hallway storage and use of the 24-hour concierge, residents’ gym and rooftop terrace.

This well-proportioned, first-floor home has attractive flooring, floor-to-ceiling windows, a semi open-plan kitchen, a relaxing reception with balcony access and the bedroom has plenty of space for various configurations.

Further features include secure video entry, two hallway storage cupboards, double glazing, efficient district heating system and superfast broadband availability through Hyperoptic

Set within the sought-after Maple Quays complex, which benefits from a 24-hour residents’ gym, concierge, cycle store, a gated central communal garden and a rooftop terrace providing stunning views across the city.

There are an ever-increasing number of things to do in the area, from getting a bite to eat at the Canada Water Café, an evening drink at the historic Mayflower riverside pub, tennis in Southwark Park, a run through Russia Dock Woodland, or enjoying city views from outside The Angel pub on warm summer nights. The wider neighbourhood also offers some respite from urban life with the docks, green spaces and river providing plenty of open areas to experience.

The property stands to benefit from substantial investment in the area, including the £5.6 billion, 53-acre Canada Water Masterplan, with London’s first new high street in over a century. Additionally, a new electric ferry service has just launched, providing six crossings per hour for pedestrians and cyclists between Rotherhithe and Canary Wharf.

Leasehold. RICS full market value: £430,000. Percentage for sale: 25%. Current rent (based on remaining 75% share: £748.67pcm, service charge: £302 per month (to April 2026) The service charge is £3,624.00 for the year to April 2025. The ground rent is £150 per annum (will increase to £250 in March 2035) and the lease has 109 years remaining. Southwark Council Tax Band: D. Higher purchase percentage available (up to 100%) depending on individual status.

Shared ownership is designed to help people who can’t afford to buy on the open market, so there are some eligibility criteria:
• Have a household income under £90,000 per year
• Be able to demonstrate that you can afford the deposit, mortgage, rent and service charge
• Not own another property in the UK or any other country
• Not able to afford to buy a suitable home outright.