Co-Operative House, SE15 4UR

SHARED OWNERSHIP

Full Market Value: £430,000

Share Value (40%): £172,000

Monthly Rent: £489.78

Service Charge: £264.01

Council Tax Band: C

EWS1 Certification is available for this block - B1 rating

99 year lease commenced in April 2010 - 84 years remaining - extension to 990 years available

For a limited time, enjoy a £1,000 Ikea voucher to help with your move on this property*

A wide entrance hall, complete with two storage cupboards welcomes you into this apartment, consisting of anopen-plan kitchen and living area, flooded with natural light from wide floor-length windows, which open onto a private balcony. The double bedroom benefits from built-in storage cupboards and there is a second single bedroom/home office. A family bathroom completes the accommodation.

Located in the heart of Rye Lane near a wide selection of local bars and restaurants and also a short walk from Peckham Rye Common and Peckham Rye Park. Transport links are provided via Peckham Rye, just a few minutes walk away and is served by the Overground, Southern, and Thameslink lines. There is a bus stop with a range of lines into the city and SE London outside the building.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £60,828. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.comand register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of December 2024.

*The £1,000 Ikea voucher incentive is available for a limited time on all 2, 3 and 4 bedroom resales properties and is redeemable for any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee, and where the buyer is purchasing a higher share than is being sold. The vouchers (2 x £500) will be supplied within 75 days of completion of the purchase and will be E-Vouchers, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent or L&Q for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other resales shared ownership property.