1 bedroom apartment for sale
Carlton Grove, SE15 2FE
Share percentage 25%, full price £400,000, £10,000 Min Deposit.
Share percentage 25%, full price £400,000, £10,000 Min Deposit.
Monthly Cost: £1,179
Rent £511,
Service charge £163,
Mortgage £505*
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 £40,045.You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £10,000. Total approximate savings required £14,000.
Important borough specific eligibility criteria
Southwark
All London applicants will be considered with priority given to people who live/work in the borough.
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
One bedroom, forth floor Apartment in Southwark available through Shared Ownership 25% at £100,000. Full Market price at £400,000.
Description
Ground Floor:
Entryphone system to Communal Lobb
Second Entryphone to Hallway, Passenger Lift and Stairwell
Fourth Floor:
Entrance hallway
Open plan living room and kitchen
1 bedroom - overlooking Carlton Grove
Bathroom
Externally:
Communal gardens
Private balcony
GIA
52sqm
Length of lease
120 years remaining
Key Features
Beasley House is located on the northern side of Queens Road which is the A202 from New Cross Gate to the east, through to Peckham in the west.
Queens Road Peckham overland station is less than half a mile distance to the west and within Queens Road itself there are numerous bus routes.
Queens Road Peckham (0.18 miles)
Peckham Rye (0.50 miles)
Nunhead (0.65 miles)
Particulars
Tenure: Leasehold
Lease Length: 120 years
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 £400,000, £10,000 Min Deposit. Calculated using a representative rate of 4.59%
