Share percentage 25%, full price £590,000, £14,750 Min Deposit
Monthly Cost: £1,574
Rent £765,
Service charge £64,
Mortgage £745*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £90,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
Stylish high-specification 2 bedroom apartment with large balcony
Description
This lovely shared ownership resale 3rd floor purpose built two bedroom apartment is located close to Burgess Park. The apartment is well-designed with contemporary interior and finished to a high specification.
170 Sumner Road offers 2 good sized bedrooms, spacious lounge with modern kitchen and bathroom facilities. It also benefits from a large private balcony off the living room.
Transport links are good with just over a 10 minute walk to Peckham Rye Rail station, Peckham Road and the Old Kent Roads respectively, giving you a number of options for travelling around London.
Sumner Road, is a great opportunity to get on the property ladder in a stylish home with easy access to Central London and excellent local facilities.
NB: There is no lift in the building.
Lease - 125 years from 2018
Total Area - 71 sqm
Rent and Service charge reviewed each April. Charges shown are effective as of 1 April 2025.
Key Features
3rd Floor Flat
Large Private balcony
Well-designed with contemporary interior and finished to a high specification
Modern Development
Good Transport Links
Close to a good range of shopping facilities and general amenities
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: No
Outside Space/Garden: Yes - Private Balcony
Year property was built: Enquire with provider
Unit size: 71 sq metres
Communal lift: No
Accessible measures: Enquire with provider
Flooded within the last 5 years: No
Listed property: Yes
Heating: Gas Central
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
Broadband: Enquire with provider
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 £590,000, £14,750 Min Deposit. Calculated using a representative rate of 4.59%
