Available through our resale shared ownership scheme, a first floor, one-bedroom apartment in Peckham.

  

Property description:

The property comprises a wheelchair accessible, communal entrance with entry system, lift access, open plan kitchen and reception, kitchen with integrated appliances, a private balcony with good sunlight, master bedroom with bespoke-fitted oak wardrobes, designer bathroom with shower over bath, floor to ceiling windows throughout and hallway storage containing the boiler and washing machine. 

The property also benefits from low gas and electric bills and access to off-street parking.

Lease: Commenced 2006 with 125-year term

Council Tax Band: Southwark Council – B

Approx. Gross Internal Area: 608sq.ft.

LOCAL AREA INFORMATION

  • Nunhead and Peckham Rye cultural attractions include Dulwich Picture House and the Horniman Museum. Peckham Rye Park and Common is on the doorstep. A local Café, gym and swimming are all in walking distance. The celebrated Lordship Lane in East Dulwich can be reached in just under a mile from the flat, where you can enjoy a selection of pubs, restaurants and shops. 
  • Nearby rail stations include Nunhead, Peckham Rye and East Dulwich all approx. a 10-minute walk away. Good bus connections are right on Peckham Rye road, leading to Zone 2, central London in 30-minutes.

FINANCIAL INFORMATION

Property Value = £385,000

Percentage Share = 40%

Share Price = £154,000

*Monthly Rent = £442.80

*Monthly Service Charge = £175.14

**Monthly Mortgage Payment = £787

***Annual Household Income = £50,000

*Please note the rent and service charge is reviewed annually 01 April. Service charge is paid directly to Urang Property Management.

** Based on a 90%, 30-year repayment mortgage with an interest rate at 5.5%.

***Is based on a 10% mortgage deposit. If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced. 

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, photographs and details (excluding financial information) are provided by the leaseholder. Please note that the Resales Team have not visited this property.

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