SHARED OWNERSHIP

Amelia Street

SHARED OWNERSHIP

Amelia Street

Register interest

Once you have registered your interest, you will receive an email to book your viewing.

This is a stunning, two-bedroom, top floor apartment with balcony two in Amelia Street
. The property is located in a three storey apartment block and has an approximate size of 64 m2. The time remaining on the lease is 120 years.

Set around a beautifully landscaped courtyard and designed to a high quality, the development offers residents exceptional London-living from the outside-in. Surrounding the development is a selection of independent cafés, bars and restaurants to discover as well as a few high street favourites for those essential items. Amelia’s Street convenient location on the cusp of zone 1 in Elephant & Castle means that the delights of the City and wider London are never too far away.

Living moments from Zone 1 gives you fast access to the heart of the capital, making Amelia Street the ideal location for commuting to work or socialising at the very best experiences central London has to offer.

From the development, Elephant & Castle station is just under 10 minutes’ walk away, offering Zone 1 connections by tube (Northern Line and Bakerloo Line ) and train. The area is also served by numerous bus routes, including night buses; and with a choice of frequent services, the journey to work and home is swift and easy.

The property located on the third floor comprises:

  • Entrance: Hallway with a large storage cupboard and video entry phone system. 
  • Living room: Spacious lounge with lots of natural light, open plan kitchen and doors to private balcony. Laminate flooring.
  • Kitchen: Light brown modern wall units with grey worktop. Integrated appliances in very good condition. Laminate flooring.
  • Bedroom one: Double bedroom with fitted wardrobe. Wool mix carpeted flooring.
  • Bedroom two: Double bedroom. Wool mix carpeted flooring.
  • Bathroom: White suite comprising panelled large bath with shower head, WC and hand washbasin with large mirror over. Tiled flooring.
  • Outside: Stunning private balcony, secure cycle storage and communal garden.


What happens after I register my interest?

After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the Shared Ownership Application Form.

If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email after checking here, please contact enquiries@peabodynewhomes.co.uk and our team will be able to help you.

What is Shared Ownership?

Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought after location.

Financial information

  • Tenure: Leasehold
  • Remaining lease term: 120 Years
  • Annual service charge amount: £2,875.32
  • Service charge review period: 1st April annually
  • Council tax band: Band E

Financials*

Full Value

£584,000

Share Price

£233,600

Share Value

40%

Monthly Cost

£2,296

Monthly Mortgage

£1,088

Monthly Rent

£941

Monthly Service Charge

£268

Minimum Household Income

£77,250

Maximum Household Income

£90,000

Deposit Required

£23,600

*The monthly mortgage, monthly rent, minimum household income and deposit required are all guide figures and will vary depending on your personal circumstances and the mortgage you are able to secure. Please note that applicants will be expected to purchase the maximum share that is sustainable for them. Applicants will be required to attend a financial interview with a Mortgage Advisor appointed by Peabody to assess affordability in line with Affordable Homes guidelines set by the HCA/GLA. Speak to a member of the Peabody New Homes team for more details.

Location

Amelia Street, 2 Amelia Street, London, Southwark, SE17 3PY Open in Google Maps

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Transport

Education

Food and Drink

Leisure

Retail

Worship

Healthcare

Virtual Tour

Next steps

To book a property viewing, please register your interest and we will email you details on how to book online. Alternatively you can get in touch directly with our Resident Sales Team using the link below.

Register Your Interest...

Before submitting your details, please read the terms and conditions, and read how we will use your personal information as described in the privacy policy.