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2 bedroom apartment for sale

Available

Lewisham Road, Lewisham Road, SE10 8GE

£122,500 · Shared Ownership New Build

Share percentage 25%, full price £490,000, £6,125 Min Deposit.

Available
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£122,500 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £490,000, £6,125 Min Deposit

Monthly Cost: £1,732
Rent £842, Service charge £208, Mortgage £682*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Eligibility
You may be eligible for this property if: You are at least 18 years old, Your annual household income is less than £90,000, You are unable to purchase a suitable home to meet your housing needs on the open market, You do not already own a property or you are in the process of selling your property.
Summary

A fantastic apartment with private parking plus access to a residents' concierge, co-working space and fitness suite | Available to move in now!

Description

Discover Arden in SE10 | Final few Shared Ownership apartments in Oswald House ready to move in now!

This fantastic 2-bedroom apartment offers 675 sq. ft. of open-plan living space and is located on the ground floor with a large private balcony. 

- Modern design, ready to move in now
- Two spacious double bedrooms
- Private underground parking space included
- Residents concierge, fitness suite and co-working space
- Excellent Zone 2 location
- Perfectly positioned between historic Greenwich, picturesque Blackheath, and vibrant Deptford
- Available through Shared Ownership

Example Shared Ownership Cost Breakdown 25% Share
* Full market value = £490,000
* 25% share price = £122,500
* Estimated monthly rent = £842
* Estimated monthly service charge = £208
 
What is Shared Ownership?

Shared Ownership is a part buy/part rent scheme that helps you get on the property ladder in an affordable way. You can usually buy an initial share of 25% to 75% of the value of a property. You will then pay a subsidised rent on the share you don’t buy, and there will also be a monthly service charge to be paid on your 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.

Register your interest to find out more or search 'Peabody Shared Ownership'.

Financial information

  • Tenure: Leasehold
  • Length of lease: 999 Years
  • Annual ground rent amount: £0
  • Ground rent review period: N/A
  • Annual service charge amount: £2,496
  • Service charge review period: Yearly
  • Council tax band: TBC
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Elverson Road (0.25 miles) Deptford Bridge (0.42 miles) Greenwich (0.42 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: n/a

Outside Space/Garden: n/a

Year property was built: Enquire with provider

Unit size: Enquire with provider

Accessible measures: Enquire with provider

Heating: Enquire with provider

Sewerage: Enquire with provider

Water: Enquire with provider

Electricity: Enquire with provider

Broadband: Enquire with provider

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£122,500
Shared Ownership New Build
Estimated Monthly Cost:£1,732
Rent £842
Service Charge £208
Mortgage £682

Share percentage 25%, full price £490,000, £6,125 Min Deposit. Calculated using a representative rate of 5.03%


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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.