Shared Ownership Resale is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
Apartment
2 bedrooms
Not specified
1/27
Available
£360,000
Chancery Building, 3 New Mill Road, SW11 7AS
Share 40% / Full price £900,000 / Min deposit £54,000
Shared Ownership Resale
Shared Ownership Resale is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
Shared Ownership Resale
Shared Ownership Resale is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
You may be eligible for this property if: You must be at least 18 years old. Your annual household income must be less than £90,000. You are unable to purchase a suitable home to meet your housing needs on the open market. You should generally be a first-time buyer. If you already own a property, you must be in the process of selling or have already sold it before you can apply. Please note that applicants will be expected to purchase the maximum share that is sustainable for them.
Description
Property reference number: 1639602
To qualify for this property you must live and/or work in the London Borough of Wandsworth.
Situated in a prime location, this apartment offers step-free access, ensuring ease of entry for all. The property is ideally located near both Battersea Power Station and Vauxhall Station, providing exceptional connectivity. Battersea Power Station is just a short walk away, offering access to the Northern Line via the new Battersea Power Station Underground station, while Vauxhall Station is nearby, offering both National Rail and Victoria Line services. With direct connections to central London, the City, and beyond, commuting is hassle-free and convenient.
Residents will enjoy a wealth of local amenities, all within walking distance. The area boasts a variety of restaurants, cafés, and shops to cater to every taste, with numerous dining options and trendy cafés around Battersea Power Station. For everyday essentials, Waitrose supermarket is close by, and Nine Elms Park provides a great green space for outdoor activities. Additionally, Battersea Park is just a short distance away, offering a serene escape with lakes, gardens, and sports facilities. This vibrant area provides a perfect balance of urban convenience and local charm.
Closest stations: Battersea Power Station (0.4 miles), Nine Elms Underground (0.4 miles), Vauxhall (0.6 miles)
Financial information Tenure: Leasehold Remaining lease term: 115 years Annual ground rent amount: £350 Ground rent review period: 12 years Annual service charge amount: £3,571.08 Service charge review period: Annually Council tax band: E *Financial information correct as of 05/05/2025
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute
to and from, and you can specify the maximum time of the commute and by which transport method.
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.
This calculator gives an estimate on the total monthly cost of mortgage, rent and service charge whenever applicable
£360,000
Shared Ownership Resale
Full price £900,000
Estimated monthly cost£2,655
Rent£684
Service charge£298
Mortgage£1,673
Calculated using a representative rate of 4.34%
Share
Deposit
£
How is this calculated?
How is this calculated?
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.
Contact housing provider
Your property enquiry has been submitted to Peabody New Homes.
Next steps
You can check and update your enquiry in the 'My Account' area.