Share Price £112,500 (from 30% Min. Share)

Full Value £375,000 | £5,625 Min. Deposit

Scheme: Shared Ownership Resales

Under offer

1 bedroom apartment in Southwark

place Evan Cook Close, London - South, SE15 2HL

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MINIMUM 30% 1 BEDROOM SHARED OWNERSHIP APARTMENT IN SE15


Eligibility

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.

Description

***30% MINIMUM SHARE AVAILABLE*** This modern 1 bedroom apartment is located in Peckham and is well positioned for commuting into Central London via the local transport links, Queens Road Peckham is 0.1 miles away. A good standard of decor and presentation this home is ready for the next First Time Buyer to climb onto the property ladder. There are various criteria for the selection process and all applicants will undergo a financial assessment prior to being invited to view. Contact for more details and to request an application.


Accessibility

F – General Needs

General needs housing does not meet any of the above criteria. Properties in this category will have more than four steps or a ramp access that is steeper than 1:10 to access the property front door. These properties should be marketed with the number of steps to access the property as this will provide an additional factor for helping people choosing what to bid for.


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Calculate Monthly Cost

Share price
£ 112,500
Min. £112,500
Share percentage
Min. 30%
Your deposit
Min. £5,625
Monthly cost*
£1,012
Cost breakdown
£372
Rent
£97
Service charge
£543
Mortgage*
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Location

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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.