SHARED OWNERSHIP

Felixstowe Road

SHARED OWNERSHIP

Felixstowe Road

Register interest
Felixstowe Road property is a stunning and spacious, two-bedroom, first floor apartment. The property is located in a four-storey apartment block and the time remaining on the lease is 106 years.

There are good transport links with Abbey Wood Station being the nearest, providing links to Central London locations. Local and night buses serve the area as well.

A range of shops, cafes and restaurants are located within close proximity of the property.
  • Nearest  station: Abbey Wood (200 meters)
  • Bus routes nearby: 180, 469, 177 and N1
The property comprises:
  • Entrance: Hallway with two large storage cupboards and entry system.
  • Living room: Spacious lounge with lots of natural light and carpeted flooring.
  • Kitchen: Beech wood wall units with dark grey worktop and tiled splash back. Integrated appliances in very good condition. Linoleum flooring.
  • Bedroom one: Double bedroom. with woolmix carpeted flooring.
  • Bedroom two: Double bedroom. with woolmix carpeted flooring
  • Bathroom: White suite comprising panelled bath with shower head, WC and hand wash basin with large mirror above. Linoleum flooring.
  • Outside: Communal courtyard and secure cycle storage.

    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 Peabody.resales@peabody.org.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: 106 Years
    Annual ground rent amount: N/A
    Ground rent review period: N/A
    Annual service charge amount: £1,106.52
    Service charge review period: Reviewed on 01st April each year
    Council tax band: Band B

Financials*

Full Value

£280,000

Share Price

£112,000

Share Value

40%

Monthly Cost

£1,190

Monthly Mortgage

£671

Monthly Rent

£427

Monthly Service Charge

£92

Minimum Household Income

£41,000

Maximum Household Income

£90,000

Deposit Required

£11,200

*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

130 Felixstowe Road, Greenwich, Greenwich, Greenwich, SE2 9QD Open in Google Maps

map

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.

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.