1 bedroom apartment for sale
Beasley House, SE15 2FD
Share percentage 25%, full price £395,000, £9,875 Min Deposit.
Share percentage 25%, full price £395,000, £9,875 Min Deposit.
Monthly Cost: £1,185
Rent £511,
Service charge £175,
Mortgage £499*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
As a guide you will need to have a household income of at least £41,000. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £9,875. Total approximate savings required £13,875.
Important borough specific eligibility criteria
Southwark
Applicants must be earning under £90,000 to be eligible for one-, two- and three-bedroom apartments.
If you are an existing homeowner, we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
1 Bedroom Apartment in Peckham
Description
Don't miss this rare opportunity to buy an affordable 1 bedroom apartment in Peckham, one of London's trendiest neighbourhoods.
Summary of spaces
Entrance Hall
Bedroom
Living room/Kitchen
Balcony
Communal Garden
GIA
54.5 sqm
Length of lease
120 years remaining
Key Features
Transport
Queens Road Peckham (0.18 miles)
Peckham Rye (0.50 miles)
Nunhead (0.65 miles)
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Map
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 25%, full price £395,000, £9,875 Min Deposit. Calculated using a representative rate of 4.59%