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Overview Key information

1 bedroom apartment
Barracouta House
Shared Ownership (resales)
£102,000
40%
share
Full market value:
£255,000
Minimum deposit:
£10,200
1 bed 1 bath 495 sq. ft.
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For |

Available for resale, a first floor, one-bedroom apartment in Plumstead. Offering parking and open plan living with a private terrace.

Property features:

  • Communal entrance with entry system
  • Lift access
  • Open plan kitchen and reception
  • Kitchen with integrated appliances
  • Bathroom with shower over bath
  • Hallway storage
  • Private terrace
  • Communal garden
  • Off street, allocated parking
  • Very good energy efficiency

Lease: Commenced 2015 with 125-year term

Council Tax Band: Greenwich Council – B

Prior to viewing: All applicants must be registered and approved by Hyde New Homes and may be required to carry out a shared ownership affordability assessment.

Local area:

  • Situated in a well-connected and amenity-rich location, this property offers excellent transport links, shopping options, and access to green spaces. Commuters will benefit from proximity to the Elizabeth Line, with Abbey Wood Station just a 9-minute drive away, providing fast connections to Central London and beyond. Woolwich Arsenal is also a 9-minute drive, offering access to the DLR, Elizabeth Line, and Southeastern services, while Plumstead Station is 7 minutes away by car or 20 minutes by bus, ensuring seamless travel options.
  • Everyday essentials are easily catered for, with supermarkets all within a 5-10 minute drive, making shopping convenient and stress-free. For those who enjoy the outdoors, Bostall Woods is just a 2-minute walk away, offering fantastic walking trails and green spaces perfect for relaxation or exercise.

Financial information:

Property Value = £255,000

Percentage Share = 40%

Share Price = £102,000

Monthly Rent = £387.67

Monthly Service Charge = £272.83

Please note the rent and service charge is reviewed annually 01 April. Your home may be at risk if you do not keep up your mortgage and rent repayments. Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract. Areas, distances or measurements referred to are approximate. For confirmation of property details refer to the terms of the lease and plans from your solicitor. Hyde New Homes Resale properties are sold as seen. Please note that the Resales Team have not visited this property.

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