SHARED OWNERSHIP
Copperdale Court
(Share Price (33%) - £79,200
Full Value Price £240,000
SHARED OWNERSHIP
Copperdale Court
(Share Price (33%) - £79,200
Full Value Price £240,000
- Nearest stations: Watford (0.9 miles), Watford High Street (1.7 miles), Watford Junction (1.8 miles), Bushey (2 miles)
- Entrance: Hallway with storage cupboard. Carpeted flooring.
- Living room: Spacious living area with a view of the park opening into open-plan kitchen. Carpeted flooring.
- Kitchen: Grey units with wood worktop and tiled splashback. Freestanding appliances.
- Bedroom: Double bedroom with a view of the park. Light-brown carpeted flooring.
- Bathroom: White and almond white suite with shower over bath. Partially tiled.
- Outside: Private parking space and communal garden.
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, please contact enquiries@peabodynewhomes.co.uk and our team will be able to help you.
What is Resale 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
• Remaining lease term: 82 years
• Annual ground rent amount: £0
• Ground rent review period: No ground rent until final staircasing
• Annual service charge amount: £1,018.92
• Service charge review period: Annually
• Council tax band: C
*Financial information correct as of 07/11/2023
Floorplan
Financials*
Full Value
£240,000
Share Price
£79,200
Share Value
33%
Monthly Cost
£786
Monthly Mortgage
£430
Monthly Rent
£271
Monthly Service Charge
£85
Minimum Household Income
£25,000
Maximum Household Income
£90,000
Deposit Required
£7,920
*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
The Gateway, Watford, London, North Hertfordshire, WD18 7HN Open in Google Maps