2 bedroom apartment for sale

Under Offer

154-158 Sydenham Road, London, Sydenham, SE26 5JZ

£145,500 · Shared Ownership New Build

Share percentage 30%, full price £485,000, £14,550 Min Deposit.

Under Offer
2 bedrooms
Floor plan
Floor plan
£145,500 Shared Ownership New Build · Eligibility Eligibility

Share percentage 30%, full price £485,000, £14,550 Min Deposit.

Monthly Cost: £1,797
Rent £778, Service charge £223, Mortgage £796*

Calculated using a representative rate of 5.39%

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. You are unable to purchase a suitable home to meet your housing needs on the open market. You do not already own a home or you will have sold your current home before you purchase or rent.

*Fully reserved* Two-bedroom apartment available from £145,500

*Home now fully reserved at Sydenham Groves*
Sydenham Groves is an outstanding new collection of Shared Ownership apartments in the leafy suburb of South East London.
Shared Ownership Cost Breakdown - 30% Share
* Full market value = £485,000
* Example 30% share price = £145,500
* Rent = £778pcm (charged at 2.75% of the unsold equity)
* Estimated service charge = £223pcm
Conveniently situated just off Sydenham Road, you are surrounded by an excellent selection of shops, pubs and restaurants. For your everyday essentials, Lidl is just a 3-minute walk away. Visit Good Food on Sydenham Road to get all your organic produce, or pop into The Greyhound pub for a Sunday Roast where you can also enjoy quizzes and comedy nights. 
Benefit from superb journey times into London via Sydenham Station, just an 11-minute walk away. From here you can reach Crystal Palace in 8 minutes, London Bridge in 20 minutes and Shoreditch High Street in just 25 minutes. There are also plenty of handy bus routes on your doorstep, expanding your nightlife opportunities even further. Sydenham Groves has easy access to Catford, Lewisham, Peckham and beyond. Or for cyclists reach the popular Dulwich Village in just 15 minutes. 
For that all important green space, you have a choice of wonderful parks nearby. Mayow Park is a 7-minute walk away and Crystal Palace Park can be reached in 22 minutes. 
What is Shared Ownership?
Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought-after location.
Financial information for all apartment listings:
  • Tenure: Leasehold
  • Length of lease: 999 Years
  • Annual ground rent amount: £0
  • Ground rent review period: N/A
  • Annual service charge amount: £2,675.28
  • Service charge review period: Annual
  • Council tax band: TBC
Book your appointment today to find out more about this superb development.

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified

Property Downloads
Floor Plan
Sydenham (0.45 miles) Lower Sydenham (0.50 miles) Penge East (0.56 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 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.

Shared Ownership New Build
Estimated Monthly Cost:£1,797
Rent £778
Service Charge £223
Mortgage £796

Share percentage 30%, full price £485,000, £14,550 Min Deposit. Calculated using a representative rate of 5.39%

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Sydenham Groves Shared Ownership
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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.