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1 bedroom apartment for sale

Available

Barracouta House, 1 Black Prince Street, SE18 2AF

£102,000 · Shared Ownership Resale

Share percentage 40%, full price £255,000, £10,200 Min Deposit.

Available
1 bedroom
1 Bathroom
Terrace
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£102,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 40%, full price £255,000, £10,200 Min Deposit

Monthly Cost: £1,176
Rent £388, Service charge £273, Mortgage £515*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

£
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.

Prior to viewing: All applicants must be registered and approved by Hyde New Homes and may be required to carry out a shared ownership affordability assessment.

Summary

Available for resale, a first floor, one-bedroom apartment in Plumstead. Offering parking and open plan living with a private terrace.

Description
  • Communal entrance with entry system
  • Lift access
  • Open plan kitchen and reception
  • Kitchen with integrated appliances
  • Bathroom with shower over bath
  • Hallway storage
  • Private terrace
  • Communal garden
  • Off street, allocated parking
  • Very good energy efficiency

Lease: Commenced 2015 with 125-year term

Council Tax Band: Greenwich Council - B

Please note the rent and service charge is reviewed annually 01 April. Your home may be at risk if you do not keep up your mortgage and rent repayments. Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract. Areas, distances or measurements referred to are approximate. For confirmation of property details refer to the terms of the lease and plans from your solicitor. Hyde New Homes Resale properties are sold as seen. Please note that the Resales Team have not visited this property.

Key Features
  • Situated in a well-connected and amenity-rich location, this property offers excellent transport links, shopping options, and access to green spaces. Commuters will benefit from proximity to the Elizabeth Line, with Abbey Wood Station just a 9-minute drive away, providing fast connections to Central London and beyond. Woolwich Arsenal is also a 9-minute drive, offering access to the DLR, Elizabeth Line, and Southeastern services, while Plumstead Station is 7 minutes away by car or 20 minutes by bus, ensuring seamless travel options.
  • Everyday essentials are easily catered for, with supermarkets all within a 5-10 minute drive, making shopping convenient and stress-free. For those who enjoy the outdoors, Bostall Woods is just a 2-minute walk away, offering fantastic walking trails and green spaces perfect for relaxation or exercise.
Particulars

Tenure: Leasehold
Lease Length: 115 years
Council Tax Band: B

Property Downloads
Floor Plan Energy Certificate
Map
Welling (0.98 miles) Plumstead (1.03 miles) Abbey Wood (1.16 miles)
Material Information

Total rooms: 1

Furnished: Unfurnished

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes - Off Street

Outside Space/Garden: Yes - Terrace

Year property was built: Enquire with provider

Unit size: Enquire with provider

Communal lift: Yes

Accessible measures: Enquire with provider

Heating: Enquire with provider

Sewerage: Enquire with provider

Water: Enquire with provider

Electricity: Enquire with provider

Broadband: Enquire with provider

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.

£102,000
Shared Ownership Resale
Estimated Monthly Cost:£1,176
Rent £388
Service Charge £273
Mortgage £515

Share percentage 40%, full price £255,000, £10,200 Min Deposit. Calculated using a representative rate of 4.59%


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.