SHARED OWNERSHIP

Parkside Court - 1 bed

SHARED OWNERSHIP

Parkside Court - 1 bed

Register interest

Once you have registered your interest, you will receive an email to book your viewing.

Parkside Court is a one-bedroom property located on the third floor in a six-storey block, built around 2012 with an approximate size of 45 m2. The property has a secure parking space and private balcony. The remaining time on the lease is 115 years.

There are good transport links with Pontoon Dock, 0.2 miles away, served by DLR, linking to Canary Wharf in less than 10 minutes and to Bank in 22 minutes. Local buses serve the area and links to Central London locations.

Local amenities are located 0.1 miles away along Bramwell Way. For leisure and enjoyment Waterside Park is directly outside building. Bars and Restaurants are within 0.2 miles.

  • Nearest Station: Pontoon Dock – DLR Station
  • Bus Routes Nearby: 473 & 474 from Thames Barrier stop

The property located on the third floor comprises:

  • Entrance: Hallway with video entry phone system.
  • Living Room: Spacious lounge area with lots of natural light and floor to ceiling windows overlooking Barrier Park, River Thames and Canary Wharf. Beige carpet flooring.
  • Kitchen: Black/cream wall units with cream worktop and tiled splashback. Integrated Whirlpool appliances in excellent condition Beige tiled flooring.
  • Bedroom: Double bedroom with floor to ceiling window. Beige carpeted flooring.
  • Bathroom: White suite, comprising panelled bath with shower head, WC and hand washbasin with mirror over. Beige tiled flooring.
  • Outside: Large private balcony, secure underground parking and cycle storage. Communal courtyard

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 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: 114 Years
  • Annual ground rent amount: N/A
  • Ground rent review period: N/A
  • Annual service charge amount: £2,305.32
  • Service charge review period: 1st April annually
  • Council tax band: Band C

Financials*

Full Value

£360,000

Share Price

£90,000

Share Value

25%

Monthly Cost

£1,127

Monthly Mortgage

£408

Monthly Rent

£527

Monthly Service Charge

£192

Minimum Household Income

£39,000

Maximum Household Income

£90,000

Deposit Required

£9,000

*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

Parkside Court, 15 Booth Road, London, Newham, E16 2FX Open in Google Maps

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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.