1 bedroom apartment for sale
Schoolhouse Yard, Bloomfield Road, SE18 7JD
Share percentage 30%, full price £255,000, £7,650 Min Deposit.
Share percentage 30%, full price £255,000, £7,650 Min Deposit.
Monthly Cost: £1,204
Rent £608,
Service charge £208,
Mortgage £388*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Fantastic 1-bedorom apartment with private balcony in Greenwich, SE18
Description
Property Reference Number: 1639286
This one-bedroom, first floor apartment, is contained within a former Victorian school building. The building is served by a lift and a staircase situated within a secured lobby.
The property boasts a private balcony, with floor to ceiling windows, and spacious open plan kitchen-living area.
The apartment is just a 15-minute walk to Woolwich Town Centre offering DLR, Thameslink and Southeastern train services. Woolwich station services the Elizabeth with fast routes to Canary Wharf and central London. The night buses provide links to Central London locations.
Nearest stations
- Woolwich Arsenal (0.5 miles), Plumstead (0.7 miles), Woolwich (0.7 miles), Woolwich Dockyard (0.9 miles)
- 51, 53, 291, 386
- Private balcony
- Car parking space
- Close proximity to transport links
What happens after I register my interest?
After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the Shared Ownership Application Form.
If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email after checking here, please contact href="mailto:enquiries@peabodynewhomes.co.uk">enquiries@peabodynewhomes.co.uk and our team will be able to help you.
What is Shared Ownership?
Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought after location.
Financial information
- Tenure: Leasehold
- Remaining Lease Term: 106 Years
- Annual ground rent amount: £243.42
- Ground rent review period: 12 years
- Annual service charge amount: £2,498.76
- Service charge review period: Annually
- Council tax band: Band B
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: B
Property Downloads
Floor Plan Energy CertificateMap
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 30%, full price £255,000, £7,650 Min Deposit. Calculated using a representative rate of 4.64%