2 bedroom apartment for sale
The Heights, SE7 8JJ
Share percentage 100%, full price £416,000, £41,600 Min Deposit.
Share percentage 100%, full price £416,000, £41,600 Min Deposit
Monthly Cost: £1,960
Service charge £290,
Mortgage £1,670*
Calculated using a representative rate of 2.45%
Calculate estimated monthly costs
To be eligible to purchase a Pocket home at this scheme, buyers will need to:
- Live or work in any London borough
- Have a household income of no more than £90,000 per annum
- Not currently own any property
Summary
Own 100% of your home for 20% less in Greenwich! Two-bedroom home located on the first floor with its own private balcony!
Description
The Heights SE7, bringing 48 energy-efficient homes for first time buyers, to be sold at a 20% discount to the local market.
Expected move ins April 2025.
At Pocket we build homes for people we call city makers. These are the Londoners who contribute economically, socially and culturally to the day-to-day life of the capital. Pocket homes are discounted by 20% to the local market, allowing Pocket owners to own 100% of their home at a discounted price.
The Heights SE7 consists of 45 one-bedroom Pocket homes (two of which are wheelchair adaptable) and 3 two-bedroom Pocket homes. This one-bedroom home is located on the ground floor with its own wrap around private terrace as well as access to a communal roof terrace!
Located a short walk from Charlton Station and not far from Greenwich, Woolwich and Blackheath this is a great location for city makers to put down roots in London.
In addition to the outdoor amenity space on the ground floor, there is a landscaped roof terrace on the upper floor with a picnic table and seating as well as spectacular views of the city and Canary Wharf. Whether you’re doing a HIIT workout or having a drink with neighbours after work, this space is an urban retreat.
The Heights SE7 is a car-free development (apart from with respect to two shared spaces for Blue Badge holders available on a first come first serve basis), and homeowners will not be granted a residents parking permit. In addition to a £500 reservation fee, these homes will come with a 999-year lease (less 3 days) and a Residents; Management Company (RMC) will be formed by the Managing Agent, of which all homeowners will become members; some homeowners may choose to become Directors of the RMC. It is the intention that the long leasehold will be transferred to the RMC upon the sale of the last home.
A combination of boilers to deliver heating and hot water; each resident will be billed according to their own controlled usage and cannot change gas suppliers. Buyers can change to a different supplier of their choosing, subject to availability. Wiring for Sky+/Sky Q, BT telephone and BT Openreach Fibre and residents will receive a Hyperoptic Wi-Fi installed with a 3-month free service. Mobile coverage varies by provider, for an indication of specific speeds and supply or coverage in the area, refer to the Ofcom’s mobile and broadband checker. When the time comes to resell a Pocket home, you will initially have to try to find a buyer who meets the eligibility criteria. Subletting is only permitted in extenuating circumstances.
Images of a typical Pocket home. CGI's are used for illustration purposes only.
Key Features
- 6 minute walk from Charlton Station.
- Two-bedroom home with a private balcony.
- Access to a communal roof terrace.
- Secure cycle storage.
- Big, floor to ceiling windows for loads of natural light.
- Fully-fitted kitchen with worktops, an undermounted sink and integrated appliances: ceramic hob, oven and fridge freezer.
- Own 100% of your home from day one.
Particulars
Tenure: Leasehold
Lease Length: 247 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan BrochureMap
Material Information
Total rooms: 2
Furnished: Unfurnished
Washing Machine: No
Dishwasher: No
Fridge/Freezer: Yes
Parking: No
Outside Space/Garden: Yes - Private Balcony
Year property was built: 2024
Unit size: 40.5 sq/m
Communal lift: Yes
Accessible measures: Yes - Lift access
Flooded within the last 5 years: No
Listed property: No
Heating: Central
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
Broadband: FTTP (Fiber to the premises)
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 100%, full price £416,000, £41,600 Min Deposit. Calculated using a representative rate of 2.45%