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1 bedroom apartment for sale

Available

Sumner Road, Peckham, Peckham, SE15 6JL

£92,500 · Shared Ownership Resale

Share percentage 25%, full price £370,000, £9,250 Min Deposit.

Available
1 bedroom
1 Bathroom
Communal Garden
Pets allowed
Floor plan
floor-plan
Floor plan
floor-plan
£92,500 Shared Ownership Resale

Share percentage 25%, full price £370,000, £9,250 Min Deposit

Monthly Cost: £1,305
Rent £765, Service charge £81, Mortgage £459*

Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

£
Summary

Top floor apartment in a quiet part of a vibrant neighbourhoodMake this home your own, enjoy a £500 B&Q Voucher on completion*

Description

SHARED OWNERSHIP

Full Market Value - £370,000

You Pay (25%) - £92,500

Monthly Rent - £764.91

Monthly Service Charge - £192.91

Ground Rent - £100 per annum

Council Tax Band: C

125 year lease commenced October 2015 (115 years remaining)

EWS1 CERTIFICATION IS AVAILABLE FOR THIS BLOCK - B1 RATING- We are now working with an independent panel of Fire Engineers to review any L&Q building inspections conducted by Tri Fire. Where the panel is not satisfied with the inspection and certificate awarded, we will instruct a new inspection of the building as soon as possible.

Make this home your own, enjoy a £500 B&Q Voucher on completion*

Enter this well presented dual aspect apartment via a spacious hallway with storage. There is a generous open plan reception area which opens onto a south west facing private balcony. The kitchen is fitted with a range of white wall and base units and incorporates an integrated oven, hob and extractor as well as spaces for white goods. The well proportioned double bedroom includes fitted storage and the accommodation is completed with a modern bathroom

Sumner Road is a quiet residential street located just off Commercial Way in the heart of Peckham. Peckham Rye and Queens Road stations are within easy reach; both under 15 minutes walk. Burgess Park, Southwarks largest park, is also just a short walk. An array of impendent shops, bars and restaurants are found locally with Peckham High Street and Queens Road high streets all within easy reach.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £53,360. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered the property for our schemes. If you are not registered please visit our website www.lqhomes.com and register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it.Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as at July 2025.

*The £500 B&Q Voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st August 2025 and then completes on the sale before 31st December 2025. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the Sole or Primary Purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. L&Q reserve the right to remove an incentive at any time.

Key Features
  • Great transport links
  • Quiet Residential Street
  • Communal gardens
  • Ample storage
Particulars

Tenure: Leasehold
Lease Length: 117 years
Council Tax Band: C

Property Downloads
Key Information Document Floor Plan
Map
Peckham Rye (0.61 miles) Queens Road Peckham (0.75 miles) Denmark Hill (1.00 miles)
Material Information

Total rooms:

Furnished: Unfurnished

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: No

Outside Space/Garden: Yes - Communal Garden

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

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.

£92,500
Shared Ownership Resale
Estimated Monthly Cost:£1,305
Rent £765
Service Charge £81
Mortgage £459

Share percentage 25%, full price £370,000, £9,250 Min Deposit. Calculated using a representative rate of 4.42%


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.