SHARED OWNERSHIP
Chancery Building - 12th Floor
(Share Price (25%) - £151,250
Full Value Price £605,000
SHARED OWNERSHIP
Chancery Building - 12th Floor
(Share Price (25%) - £151,250
Full Value Price £605,000
Viewings available | Once you have registered your interest, you will receive an email to book your viewing.
Chancery Building in Zone 1 Wandsworth* is a beautiful must-see one double-bedroom apartment located on the twelfth floor in a 12-storey block built in 2015. The approximate size of the flat is 50.8 sq. m. and the lease remaining on the property is 120 years.
There are good transport links with the new Nine Elms underground station 0.25 miles away (opening soon). Vauxhall and Battersea Park Stations, served by London Overground & Southern Rail linking to Victoria Train Station in 4 minutes are also nearby.
Local amenities, including a large Waitrose, bars and leisure facilities are located 0.1 miles away along Nine Elms Lane. Battersea Park and St. George's Wharf is within easy reach.
- Nearest Station: Nine Elms, Vauxhall and Battersea Park
- Bus routes nearby: 344, 156 and 436
The property located on the twelfth floor comprises:
- Entrance: Hallway with storage cupboards, video entry phone system.
- Living Room: Spacious lounge with lots of natural light and open plan kitchen. Large balcony doors. Laminate wooden flooring. Views over London City.
- Kitchen: High gloss white base and wall units and stainless steel backsplash. Integrated appliances; dishwasher, fridge, freezer, and oven/hob. Laminate wooden flooring.
- Bedroom One: Double bedroom with built-in wardrobe. Woolmix light coloured carpeted flooring.
- Bathroom: White suite comprising panelled large bath with shower head, WC and hand washbasin with large heated mirror over. Partial wall tiling on walls and light vinyl flooring.
- Outside: Stunning private balcony, secure cycle storage and communal garden
* Priority will be given to applicants who live or work in the Borough of Wandsworth.
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 ground rent amount: £350 per annum
- Ground rent review period: Every ten years
- Annual service charge amount: £2,685.12
- Service charge review period: 1st April annually
- Council tax band: Band E
Financials*
Full Value
£605,000
Share Price
£151,250
Share Value
25%
Monthly Cost
£1,578
Monthly Mortgage
£645
Monthly Rent
£709
Monthly Service Charge
£224
Minimum Household Income
£58,000
Maximum Household Income
£90,000
Deposit Required
£15,125
*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
Chancery Building, 3 New Mill Road, London, Wandsworth, SW11 7AS Open in Google Maps