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1 bedroom apartment for sale

Available

Co-Operative House, SE15 4UR

£167,500 · Shared Ownership Resale

Share percentage 50%, full price £335,000, £16,750 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony
Floor plan
floor-plan
Floor plan
floor-plan
£167,500 Shared Ownership Resale

Share percentage 50%, full price £335,000, £16,750 Min Deposit

Monthly Cost: £1,518
Rent £402, Service charge £270, Mortgage £846*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

£
Summary

Well located, pet friendly, private balcony, communal gardens

Description

SHARED OWNERSHIP

Full Market Value: £335,000

Share Value (50%): £167,500

Monthly Rent: £402.04

Service Charge: £269.79

Council Tax Band: B

EWS1 CERTIFICATION IS AVAILABLE FOR THIS BLOCK - B1/B2 RATING- We are now working with an independent panel of Fire Engineers to review any L&Q building inspections conducted by Tri Fire. Where the panel is not satisfied with the inspection and certificate awarded, we will instruct a new inspection of the building as soon as possible.

99 year lease commenced in April 2007 - 80 years remaining - ask about lease extension

A wide entrance hall, complete with storage cupboards welcomes you into this well presented apartment. consisting of an open-plan kitchen and living area, flooded with natural light from wide floor-length windows, which open onto a west facing private balcony. The modern white kitchen includes an integrated oven, hob and extractor and has spaces for all your white goods.The double bedroom benefits from built-in storage cupboards and a family bathroom completes the accommodation.

This apartment is located on Rye Lane, minutes from leafy Peckham Rye Park and close to all the local bars and restaurants that Peckham Rye has to offer. 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 routes 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 £56,357. 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.com and 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 February 2025.

Key Features
  • Well located
  • Pet friendly
  • Communal gardens
  • Private Balcony
Particulars

Tenure: Leasehold
Lease Length: 80 years
Council Tax Band: B

Property Downloads
Key Information Document Floor Plan Energy Certificate
Virtual Tour
Map
Peckham Rye (0.27 miles) Nunhead (0.52 miles) Queens Road Peckham (0.64 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: Yes - Private Balcony

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.

£167,500
Shared Ownership Resale
Estimated Monthly Cost:£1,518
Rent £402
Service Charge £270
Mortgage £846

Share percentage 50%, full price £335,000, £16,750 Min Deposit. Calculated using a representative rate of 4.59%


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.