SHARED OWNERSHIP

Park View

SHARED OWNERSHIP

Park View

Register interest
Property Reference: 1448

This fantastic apartment is located on the first floor in a 3-storey building. There are good transport links with Orpington station (1.9 miles), St Mary Cray (1.4miles) and Petts Wood (2.1 miles) away, served by National Rail linking to Central London. Local buses serve the area and the night buses links to Central London locations. Local amenities are located 0.1 miles away.
 
There are plenty of amenities on Orpington high street such as Walnuts Shopping Centre and Leisure Centre, Orpington Pond, Priory Garden all within 0.3 miles. There are also a wealth of shops, supermarkets, restaurants and clubs. 
 
  • Nearest station: Orpington Station (1.9 miles), St Mary Cray (1.4miles) and Petts Wood (2.1 miles)
  • Bus routes nearby: 61, 208, R1, 51, 61, 353, N199
The property located on the first floor comprises:
 
  • Entrance: Hallway with storage cupboards, video entry phone system leading to spacious living room.
  • Living room: Spacious lounge with lots of natural light, french doors and cream carpeting.
  • Kitchen: Dark grey tiles, beech kitchen and tiled splash back. Freestanding appliances. 
  • Bedroom one with Ensuite: Spacious Double bedroom. Standing shower cubicle with shower head, WC and hand washbasin with shelving and mirror over.  
  • Bedroom two: Double bedroom
  • Bathroom: Spacious bathroom. Bath tub & shower. WC and hand washbasin with shelving.  
  • Outside: Communal garden. Private property parking.
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: 81 Years
Annual ground rent amount: £150
Ground rent review period: 1st April annually
Annual service charge amount: £2,784.84
Service charge review period: 1st April annually
Council tax band: Band C

*Financial information correct as of 30.08.2023
 

Floorplan

floorplan

Financials*

Full Value

£300,000

Share Price

£135,000

Share Value

45%

Monthly Cost

£1,576

Monthly Mortgage

£806

Monthly Rent

£538

Monthly Service Charge

£232

Minimum Household Income

£52,000

Maximum Household Income

£90,000

Deposit Required

£13,500

*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

Park View, High Street, Orpington, Bromley, BR6 0GE 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.