2 bedroom apartment for sale
Gaumont House, Staffordshire Street, SE15 5TS
Share percentage 40%, full price £370,000, £7,400 Min Deposit.
Share percentage 40%, full price £370,000, £7,400 Min Deposit
Monthly Cost: £1,686
Rent £680,
Service charge £202,
Mortgage £804*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Peckham, London
Description
This bright two-bedroom apartment is now available in South East London, Peckham, through Shared Ownership.
The property on the sixth floor comprises an entrance hall, a living room with an open plan kitchen with a dining area, two bedrooms and a bathroom.
Outside, there is a private balcony. Perfect for couples and small families.
Available for £148,000 for 40% share based on the marketing figure of £370,000.
Monthly rent - £679.72
Monthly Service Charge - £202.47
Total Monthly Charge - £882.19 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationLiving in South East London, Peckham, offers a unique urban experience. The flat is situated in a vibrant neighbourhood, providing easy access to local amenities, public transport, and cultural attractions.
Residents can enjoy the convenience of nearby shops, cafes, and parks, making it an ideal location for both relaxation and social activities. The flat itself features modern living spaces, contributing to a comfortable lifestyle in the heart of the city.
EPC ratingEnergy rating band - C
Environmental impact band - B
Years remaining on lease: 971
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Other informationThis property is offered under Shared Ownership and is allocated on a first-come, first-served basis, subject to applicants meeting all eligibility and affordability criteria. However, in some cases, local authority planning agreements (Section 106) may apply, which could give priority to applicants who meet specific local connection requirements. A full allocation policy is available on your provider’s website or by contacting us directly. We encourage potential buyers to get in touch with any questions about the scheme or application process.
Key Features
- Two bed apartment
- Sixth floor
- Private balcony
- Good travel links
- Available for 40% share
- 5% minimum deposit only
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
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
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 40%, full price £370,000, £7,400 Min Deposit. Calculated using a representative rate of 4.78%