SHARED OWNERSHIP
Cyrius House - 1 Bed
(Share Price (50%) - £205,000
Full Value Price £410,000
SHARED OWNERSHIP
Cyrius House - 1 Bed
(Share Price (50%) - £205,000
Full Value Price £410,000
- Nearest Underground Station: Cutty Sark - DLR services (0.1 miles) & Greenwich - National Rail & DLR (0.3 miles)
- Entrance: Hallway with storage cupboards and light wooden flooring
- Living room: Spacious lounge with lots of natural light offering direct access to the private balcony
- Open plan kitchen: Wooden wall units with grey worktop. Integrated Zanussi appliances. Light wooden flooring.
- Bedroom one: Double bedroom with fitted wardrobe and floor-to-ceiling windows with a city view.
- Bathroom: Grey suite comprising tiled bath with shower head, WC, hand wash basin with mirror above and towel rail.
- Outside: Spacious balcony, communal garden and secure bin room and cycle storage.
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
- Tenure: Leasehold
- Remaining Lease Term: 119 Years
- Annual ground rent amount: £150
- Ground rent review period: Annually
- Annual service charge amount: £2,218.44
- Service charge review period: 1st April annually
- Council tax band: Band D
Financials*
Full Value
£410,000
Share Price
£205,000
Share Value
50%
Monthly Cost
£815
Monthly Rent
£631
Monthly Service Charge
£185
Minimum Household Income
£75,750
Maximum Household Income
£90,000
Deposit Required
£21,250
*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
Cyrius House, 15 Bardsley Lane, London, Greenwich, SE10 9GH Open in Google Maps