Full price: £365,000 The full value of the property
Share value: 45% - £164,250
Estimated monthly cost*: £1,452
Estimated Monthly Mortgage*: £823
SO Resi Monthly Payment: £513.08 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £115.94 Residents of a development pay this for maintenance of communal/external areas
* Costs shown are approximate, mortgage figures are shown for illustration purposes only and use a guide interest rate of 3.99%. The actual rate will depend on your circumstances and you should seek mortgage advice to establish a personalised illustration of your mortgage.
** Residents of a development pay this for maintenance of communal/external areas
Years on lease: 84
Two bedroom fifth floor in Peckham, SE15 available for shared ownership. This property comprises of two large double bedrooms, large open plan kitchen/ lounge/diner and bathroom. Includes secure bike storage and large balcony.
- Minimum income requirement £54,029
- Buy more shares for a minimum of 10%
- Income requirement reduces if a higher deposit's available
Close to local amenities including Supermarket, (300m), Leisure centre (400m), Cinema(650m). Transport links include Peckham Rye Train station (750m), Bus station (300m), Queens Road train station (500m)
A two bedroom two bedroom located in Peckham available through Shared Ownership Scheme. Available for £164,250 for 45% share based on the marketing value of £365,000.
SO Resi Monthly Payment - £513.08
Monthly Service Charge - £115.94
Total Monthly Charge - £629.02 PLUS MORTGAGE REQUIRED FOR 45% SHARE
Size of property : 69m2
Energy Rating Band - D
Environmental Impact Band - C
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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