2 bedroom apartment for sale
Beasley House, Queens Road, SE15 2FF
Share percentage 25%, full price £610,000, £15,250 Min Deposit.
Share percentage 25%, full price £610,000, £15,250 Min Deposit.
Monthly Cost: £2,192
Rent £1,189,
Service charge £229,
Mortgage £774*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
As a guide you will need to have a household income of at least £75,768.You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £15,250. Total approximate savings required £19,250.
Important borough specific eligibility criteria
Southwark
All London applicants will be considered with priority given to people who live/work in the borough.
Applicants must be earning under £90,000 to be eligible for one, two- and three-bedroom apartments.
If you are an existing homeowner, we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
Ground floor twobedroom flat in Southwark available through Shared Ownership 25% share at £152,500. Full market price £610,000
Description
Ground Floor
- Own separate street entrance
- Hall
- Separate WC
- Kitchen/Dining room
First Floor:
- Bedroom (1) with En-suite Shower room and WC
- Bedroom (2) with own balcony
- Landing
- Bathroom with WC
- Reception room
External
- Front patio area
- Private rear terrace accessed from reception room
- Front balcony accesses from Bedroom (2).
- One secure underground allocated parking space
GIA
- 102sqm
Length of lease
- 121 years remaining
Monthly Fees
Rent: £1,188.75
Service Charge: £229.14
Ground Rent:£25
Key Features
- Two floors
- Two bedrooms
- En-suite
Transport
Queens Road Peckham - 0.2 miles
New Cross Gate 1 mile
Particulars
Tenure: Leasehold
Lease Length: 121 years
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 25%, full price £610,000, £15,250 Min Deposit. Calculated using a representative rate of 4.64%
