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SHARED OWNERSHIP

Brooklands Court

Brooklands Court, 460 Wandsworth Road, London, Lambeth, SW8 3LX
Resale Shared Ownership
Share Price (40%) £206,000
Full Value Price £515,000
2 Bedrooms
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SHARED OWNERSHIP

Brooklands Court

Brooklands Court, 460 Wandsworth Road, London, Lambeth, SW8 3LX
Resale Shared Ownership
Share Price (40%) £206,000
Full Value Price £515,000
2 Bedrooms
Register interest
Overview Floorplan Financials Location
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Property reference: 1025

 
Brooklands Court is a spacious & well-presented 2-bedroom apartment located on the first floor of a four storey apartment block benefitting from a private balcony and secure parking.
 
There are good transport links with Wandsworth Road Rail Station, Clapham Common, Clapham Old Town station & Battersea Power station within easy reach. Local buses serve the area and the night buses link to Central London. 
 
Local amenities are located a short walk away including Sainsburys for groceries. For leisure and enjoyment, Clapham Old Town is within easy reach which hosts a range of bars,
restuarants and shops.
  • Nearest Station: Wandsworth Road Rail Station & Clapham Common underground station
  • Bus routes nearby: 77, 87, 452, 88, 417, 137, 156
The property located on the first floor comprises:
  • Spacious living area with leading to private balcony
  • Loads of natural light
  • Integrated oven Zanussi oven with spaces for fridge freezer and dishwasher
  • Double fitted wardrobe
  • Private balcony
  • Secure parking
 
What happens after I register my interest?
You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a 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?
Through Shared Ownership you can buy up to 75% of the property, 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 homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.


Financial information

  • Tenure: Leasehold
  • Remaining lease term: 171 Years
  • Annual service charge amount: £2494.92
  • Annual ground Rent: 0
  • Ground rent review period: No ground rent to pay until final staircasing.
  • Service charge review period: 1st April annually
  • Council tax band: Band D
*Financial information correct as of 30.4.2024

Floorplan

floorplan

Financials*

Full Value

£515,000

Share Price

£206,000

Share Value

40%

Monthly Cost

£2,048

Monthly Mortgage

£1,112

Monthly Rent

£728

Monthly Service Charge

£208

Minimum Household Income

£80,000

Maximum Household Income

£90,000

Deposit Required

£20,600

*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

Brooklands Court, 460 Wandsworth Road, London, Lambeth, SW8 3LX Open in Google Maps

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Transport

Education

Food and Drink

Leisure

Retail

Worship

Healthcare

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.

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