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Available
£185,000
Chelsea Botanica Shared Ownership | 143 Townmead Road, Fulham, SW6 2RJ
Share 25% / Full price £740,000 / Min deposit £18,500
Peabody New Homes
020 7768 2296
Eligibility
Homes at Chelsea Botanica will be offered with first priority being given to those currently living and/or working in the London Borough of Hammersmith & Fulham. You may be eligible for this property if you are at least 18 years old, your annual household income is less than £90,000, You are unable to purchase a suitable home to meet your housing needs on the open market, You do not already own a property or you are in the process of selling your property.
Description
New Shared Ownership homes just launched in Fulham, SW6.
Chelsea Botanica is a new collection of 1 & 2-bedroom Shared Ownership apartments located on the doorstep of some of south west London's best-loved areas, perfectly positioned along the riverside connecting Chelsea, Fulham, and Kensington.
Each home features stylish interiors, private outdoor space, and access to beautifully landscaped residents’ gardens – enriched for biodiversity in collaboration with Royal Botanic Gardens, Kew, these green spaces offer a thriving habitat for pollinators and wildlife.
Homes at Chelsea Botanica will be offered with first priority being given to those currently living and/or working in the London Borough of Hammersmith & Fulham.
Shared Ownership cost breakdown - 25% share
- Full market value = £740,000
- 25% share price = £185,000
- Deposit required = £18,500
- Estimated monthly mortgage = £888pcm
- Estimated monthly rent = £856pcm
- Estimated monthly service charge = £266pcm
- Estimated total monthly cost = £2,010
What is Shared Ownership?
Shared Ownership is a government-backed part buy, part rent scheme that helps you to purchase a home that otherwise may not have been affordable. Through Shared Ownership, you can purchase a ‘share’ of a home, typically between 25% and 75%, and pay rent on the remaining amount. Then, over time, you can purchase more shares all the way up to 100%, or simply sell your home on the open market.
What's more, your deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable when compared to buying a home outright.
What's more, your deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable when compared to buying a home outright.
1-bedroom wheelchair adapatable apartments are also available.
Register your interest or search “Peabody New Homes Shared Ownership” to find out more.
*CGIs (Computer Generated Images) are indicative only
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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.
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Monthly cost calculator
£185,000
Shared Ownership New Build
Full price £740,000
Estimated monthly cost
£2,040
£
How is this calculated?