2 Woods Road, Peckham, London, SE15 2PX

Available for resale shared ownership, an extremely new and spacious, two-bedroom, first floor apartment in the vibrant and convenient area of Peckham, South London.

  

Property description:

The property comprises; a secure communal entrance with phone entry system, lift access, private front door through to hallway with storage cupboard, kitchen with in-built oven and hob, bright open-plan lounge/dining area with floor to ceiling windows leading out onto beautiful private balcony, two double bedrooms, modern bathroom with shower over bath.

The property also benefits from off-street parking and well-maintained communal gardens.

 

Length of Lease: Approx. 122 Years

Council Tax Band: Southwark Council – D

Gross Internal Area: 62m2

 

LOCAL AREA INFORMATION

• Situated in the vibrant and cultural area of Peckham, South London.
• A short 6 minute walk to Queens Road Peckham station which offers direct services to London Bridge, Canada Water, Blackfriars and Clapham Junction
• Vast array of local shops, restaurants and other amenities within walking distance of the property.  Sainsburys local just a 3-minute walk away and Cossall Park within a minute’s walk.
• John Donne Primary School is located opposite the development.
• East Dulwich, Nunhead and Brockley are all within close proximity.

 

FINANCIAL INFORMATION

Property Value = £505,000

Percentage Share = 40%

Share Price = £202,000

Monthly Rent = £419.93

Monthly Service Charge = £132.65

Annual Ground Rent = £250

Monthly Mortgage Payment = £1,011 **

Annual Household Income = £59,000 *

 

*Is based on a 10% mortgage deposit.  If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced (approximately every 5% extra deposit reduces the salary required by £1,200).

 

** Based on a 90%, 25-year repayment mortgage with an interest rate at 4.5%

Your home may be at risk if you do not keep up your mortgage and rent repayments.  Particulars give a fair 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, photographs and details (excluding financial information) are provided by the leaseholder.  Please note that the Resales Team have not visited this property.

Contact us now to arrange a viewing:

Call 0345 606 1221 or email info@hydenewhomes.co.uk.  Please ensure you are registered and approved for shared ownership by completing our application at so.hydeform.co.uk/index.

 

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