Rye Lane, Peckham, London

Available

Full price: £510,000 The full value of the property

Share value: 30% - £153,000

Estimated monthly cost*: £1,689

Estimated Monthly Mortgage*: £766

SO Resi Monthly Payment: £848.96 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge**: £73.63 Residents of a development pay this for maintenance of communal/external areas

* Costs shown are approximate and based on a mortgage APR of 3.99% over 25 years. Minimum 5% deposit shown. An independent financial adviser will help guide you through the process.

** Residents of a development pay this for maintenance of communal/external areas


Years on lease: 121

Two bedroom apartment located in Peckham, SE15. Property comprises two double bedrooms, open plan living room with kitchen with access to balcony and laundry room. Also includes communal space and secure bike shed.

Location

Within walking distance to Peckham high street, also close to local supermarkets, restaurants, a cinema, primary schools and gyms. Has good transport options.

 

Description

Key Features
• Two bedrooms
• Close to Supermarkets
• Balcony
• Walking distance from Peckham high street
• Secure bike shed
• Available for 30% share

Full Description

A two bedrooms apartment located in Peckham available through Shared Ownership Scheme

Available for £153,000 for 30% share based on the marketing figure of £510,000

SO Resi Monthly Payment - £848.96
Monthly Service Charge - £73.63
Total Monthly Charge - £1,502.54 PLUS MORTGAGE REQUIRED FOR 30% SHARE
Minimum income requirement - £54,368

Buy more shares for a minimum of 10%.

Two bedroom apartment located in Peckham, SE15. Property comprises two double bedrooms, open plan living room with kitchen with access to balconyand laundry room. Also includes communal space and secure bike shed.

Within walking distance to Peckham high street, also close to local supermarkets, restaurants, a cinema, primary schools and gyms. Has good transport options.


Incomes required are based on the following assumptions: Deposit 5% on the resale calculator, mortgage interest rate 2.99% & mortgage term 25 years.
Income required will be reduced if you have a higher deposit available.

Property Description

Ground Floor:
Communal entrance lobby with staircase and lift to:

Fourth Floor:
Private entrance hall
Walk-in utility cupboard with plumbing for washing machine

Bathroom with WC

Bedroom 1:
5.90 x 2.82.

Bedroom 2:
2.72 x 5.33

Living room with open plan kitchen:
6.52 x 4.51

Outside:
Balcony
Communal areas and roof terrace
No allocated parking

EPC Rating
Energy Rating Band - B
Environmental Impact Band - A


All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.

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