2 bedroom apartment for sale
0.02, Commerical Way, SE15 5GH
Share percentage 25%, full price £500,000, £6,250 Min Deposit.
Share percentage 25%, full price £500,000, £6,250 Min Deposit.
Monthly Cost: £1,842
Rent £859,
Service charge £271,
Mortgage £712*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Please be advised priority must be given to those who currently live and/or work in the London Borough of Southwark.
Summary
Show home viewings are now available, register your interest to find out how you can view & reserve your brand new home.
Description
Show home viewings are now available, register your interest to find out how you can view & reserve your brand new home.
Flat 1 Ridgeway House can be found on the ground floor is 50.3m2/541ft2 and comprises of a great-sized bedroom with access to a private patio, the main bathroom, storage open-plan kitchen/living area with access to a second private patio. Note: this home is wheelchair adaptable.
This brand-new development on Commercial Way in Peckham offers stunning 1 & 2-bedroom apartments available to buy through Shared Ownership. Each apartment is equipped with a contemporary, streamlined kitchen, light and open living areas and well proportioned bedrooms. All apartments benefit from a generous private balcony or terrace.
Whether you work in the City, Docklands or West End, it's an easy commute from Peckham Rye. You can be in London Bridge in 10 minutes by train and connect with the tube network for destinations right across London. Being so close to the centre, Peckham is a great place to live if you cycle to work and the network of cycle routes is improving all the time. There are great bus services too, with routes into the centre and across South London.
When you feel the urge to escape the city for a bit, Peckham is close to the A2, linking you to the Kent countryside and resorts of the south coast., as well as the national motorway network. Heading further afield? Simply take the Eurostar from St Pancras International or fly from London City Airport. The Bridge puts you in the heart of London.
Maximum household income per annum:
1 beds: £52,825
2 beds - £62,416
Please be advised priority must be given to those who currently live and/or work in the London Borough of Southwark.
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: D
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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 £500,000, £6,250 Min Deposit. Calculated using a representative rate of 5.26%
Red Loft
