1 bedroom apartment for sale

Available

Palm House, 70 Sancroft Street, SE11 5NG

£152,250 · Shared Ownership Resale

Share percentage 35%, full price £435,000, £15,225 Min Deposit.

Available
1 bedroom
1 Bathroom
Floor plan
floor-plan
Floor plan
floor-plan
£152,250 Shared Ownership Resale · Eligibility Eligibility

Share percentage 35%, full price £435,000, £15,225 Min Deposit.

Monthly Cost: £1,303
Rent £558, Service charge £89, Mortgage £656*

Calculated using a representative rate of 3.09%

Calculate estimated monthly costs

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Eligibility
You may be eligible for this property if: -You must be at least 18 years old -Your annual household income must be less than £90,000 -You are unable to purchase a suitable home to meet your housing needs on the open market -You should generally be a first time buyer. If you already own a property, you must be in the process of selling or have already sold it before you can apply Please note that applicants will be expected to purchase the maximum share that is sustainable for them.
Summary

Lambeth: One-bed (50m2), Ground Floor Apartment with private patio, now available.

Description

Once you have registered your interest, you will receive an email to book your viewing.

Palm House - This property is a one-bedroom, ground floor apartment, completed in 2014. The block is situated on a quiet one-way residential street. There are 116 years remaining on the lease of the property.

Transport links are only 0.5miles away at Kennington and Vauxhall Underground Stations. The busy commuter can therefore be in the West End or the City within half an hour of leaving home. Local buses serve the area and the night buses provide links to Central London. A Santander Cycle docking station is adjacent to the building which provides quick and easy access (15mins) to the city centre and Royal parks. Local amenities of a Post Office, newsagent, butchers and hairdresser are located 0.1 miles away along Vauxhall Street and a Tesco is situated on Kennington Road (0.3miles) (by the bus stop).

For leisure and enjoyment, there are cafes, bars, pubs, parks and restaurants along Black Prince Road, around Kennington Cross and the riverside bars at St James’ Wharf in Vauxhall. The buzz of the Southbank is a 25min walk along the river opposite the Houses of Parliament.

  • Nearest Station: Vauxhall - South Western Railway
  • Nearest Tube Stations: Kennington Underground Station for both branches of the Northern Line & Vauxhall Underground Station for the Victoria Line (both 0.5 miles)
  • Bus routes nearby: 3, 59, 77, 159, 344, 360, N3, N109
  • Other: Santander Cycles and ZipCars on Sancroft St itself

The property located on the ground floor comprises:

  • Entrance: The flat has its own private entrance from the street. A secure front door with letterbox into a hallway with hanging space for coats and storage area large enough for shelves or a bike.
  • Living Room: Spacious lounge with lots of natural light from full height South facing windows. Light oak laminate flooring.
  • Kitchen: White fitted wall units with dark wood effect worktop. Integrated appliances (fridge, freezer and dishwasher) with stainless steel oven and electric hob. Washer/Dryer. Light oak laminate flooring.
  • Bedroom One: Well sized double bedroom with fitted wardrobes. Wool-mix dark-beige carpet flooring.
  • Bathroom: White suite comprising panelled bath with separate shower head, WC, hand washbasin with large mirror over and heated towel rail. Full height tiling around the bath. Tiled flooring.
  • Airing cupboard: Large airing cupboard provides additional storage as well as hot water tank and heat exchanger to communal boiler system (billed on usage basis). There are radiators throughout, but the flat is well insulated and rarely needs heating.
  • Outside: Private front patio with lockable iron gate and fence leads to front door, with small garden and hedge to the side. Secure cycle storage, communal amenities and gardens to the rear of the block accessed via communal block entrance.

What happens after I register my interest?

After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the Shared Ownership Application Form.

If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email after checking here, please contact peabody.resales@peabody.org.uk and our team will be able to help you.

Key Features
  • Available through Shared Ownership
  • Beautifully presented
  • Great transport links
  • Large Private Patio
Property Downloads
Floor Plan
Map
Vauxhall (0.44 miles) Kennington (0.48 miles) Oval (0.60 miles)
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.

NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.

£152,250
Shared Ownership Resale
Estimated Monthly Cost:£1,303
Rent £558
Service Charge £89
Mortgage £656

Share percentage 35%, full price £435,000, £15,225 Min Deposit. Calculated using a representative rate of 3.09%


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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.