1 bedroom apartment for sale
Pelican House, 92 Peckham Road, SE15 5PY
Share percentage 45%, full price £360,000, £8,100 Min Deposit.
Share percentage 45%, full price £360,000, £8,100 Min Deposit.
Monthly Cost: £1,354
Rent £356,
Service charge £165,
Mortgage £833*
Calculated using a representative rate of 4.24%
Calculate estimated monthly costs
You may be eligible for this property if:
You have a gross household income of no more than £90,000 per annum when eligible to purchase - this will include all members of the household whether they have joined the application or not. An exception would be the income of children under 18 and any other household members whose residence in the home is unlikely to be permanent.
You are unable to purchase a suitable home to meet your housing needs on the open market.
Be a first time buyer, if you are indeed a current home owner we can consider your application if your property is under offer and is going through the legal conveyancing process, evidence of this will need to be provided.
You live or work in the property’s area
The full market value is currently £360,000. The minimum 45% share is available at a price of £162,000, current payable rent is £356.38 pcm with a service charge of £165.02 pcm. These charges are subject to annual reviews.
Viewings are by appointment only. Please note Social Distancing measures need to be followed. Please contact our resales e-mail address at resales@optivo.org.uk for the vendors contact details.
If you would like to apply for this Resale property after you have conducted a viewing, a PDF writable application form can be saved from the Brochure Section on this advert. Please email a fully completed application form to resales@optivo.org.uk Please be advised that the application form must be signed and the third party consent box ticked as we must have your third party consent to be able to send your application form over to one of our financial advisers should you be selected for the property.
All completed application forms need to be returned to Optivo ASAP - applications are now on a first come first serve basis.
Please note that the successful applicant will be required to pay a £250 non-refundable reservation fee once offered the property.
Summary
Optivo are delighted to offer for sale this well-presented one bedroom flat on the second floor.
Description
This wonderful property is situated in a mixed and commercial area of good demand with a good level of local amenities. Including Burgess Park just an approximate 2 minutes away.
Larger than average (over 60 sqm) one bed flat in desirable Peckham/Camberwell location.
Peckham Rye station is an approximate 10 minute walk and gets you to London Bridge or Victoria in around 20 minutes. The bus stop is right outside the apartment building and gets you to Oval underground in an approximate 10 minutes and Vauxhall underground in just 15 minutes.
Good primary and secondary schools are nearby with lots of independent cafes, bars and restaurants including Sainsburys supermarket which is just a 3 minute walk over the road.
Key Features
EPC rating – band C
Lease – 174 years from commencement date 01-01-2007
Gross internal floor area 60
The flat has its own allocated underground parking space.
Communal courtyard.
Spacious hallway
Large living/dining area with original period window. Offers great views of the city.
Spacious bedroom
Modern kitchen
Spacious bathroom
Particulars
Tenure: Leasehold
Council Tax Band: Not specified
Property Downloads
BrochureMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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 and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 45%, full price £360,000, £8,100 Min Deposit. Calculated using a representative rate of 4.24%
