SHARED OWNERSHIP
Squire house - 2 Bed
Squire House, 290 Camberwell Road, London, Southwark, SE5 0AY
Resale Shared Ownership
(Share Price (50%) - £255,000
Full Value Price £510,000
(Share Price (50%) - £255,000
Full Value Price £510,000
2 Bedrooms
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SHARED OWNERSHIP
Squire house - 2 Bed
Squire House, 290 Camberwell Road, London, Southwark, SE5 0AY
Resale Shared Ownership
(Share Price (50%) - £255,000
Full Value Price £510,000
(Share Price (50%) - £255,000
Full Value Price £510,000
2 Bedrooms
Property reference number: 1638902
Squire House is a 2-bedroom apartment with a balcony situated in Camberwell.
There are good transport links with Oval underground station & Denmark Hill station a walk away.
A great selection of amenities are located moments from Squire House. A range of shops, fine bars and restaurants are located within close proximity of the property. For leisure, various parks and green spaces are located within walking distance.
- Nearest Underground station: Oval - 1 miles away
- Nearest Railway station: Oval - 0.8 miles away
- Bus routes nearby: 185
The property located on the second floor comprises:
- Entrance: Video phone entry system. Wooden laminate flooring.
- Living room: Spacious lounge with lots of natural light with a patio door to the balcony. Wooden laminate flooring.
- Kitchen: White units. Integrated Bosch appliances. Wooden laminate flooring.
- Bedroom one: Double bedroom with floor to ceiling windows. Grey carpeted flooring.
- Bedroom two: Double bedroom with floor to ceiling windows. Grey carpeted flooring.
- Bathroom: White suite comprising partially tiled bath with shower head, WC, hand washbasin with mirror over and a towel rail. Tiled flooring.
- Outside: Private balcony with access via lounge, secured cycle storage, communal garden and patio.
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: 119 Years
- Annual ground rent amount: N/A
- Ground rent review period: N/A
- Annual service charge amount: £1,966.92
- Service charge review period: 1st April annually
- Council tax band: D
Financial information correct as of 12.10.2023
Financials*
Full Value
£510,000
Share Price
£255,000
Share Value
50%
Monthly Cost
£1,989
Monthly Mortgage
£1,294
Monthly Rent
£531
Monthly Service Charge
£164
Minimum Household Income
£77,250
Maximum Household Income
£90,000
Deposit Required
£25,500
*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
Squire House, 290 Camberwell Road, London, Southwark, SE5 0AY Open in Google Maps
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