SHARED OWNERSHIP
Swansea Court
(Share Price (65%) - £195,000
Full Value Price £300,000
SHARED OWNERSHIP
Swansea Court
(Share Price (65%) - £195,000
Full Value Price £300,000
- Entrance: Hallway with phone entry system. Wooden flooring.
- Living room: Spacious living area with lots of natural light through floor-to-ceiling windows with views of the communal garden. Wooden flooring.
- Kitchen: White wooden wall units with a tiles splashback. Freestanding Samsung appliances. Grey liner flooring.
- Bedroom 1: Double bedroom with city view. Brown carpet flooring.
- Bedroom 2: Double bedroom with city view. Brown carpet flooring.
- Bathroom: White suite comprising panelled bath with shower head over bath, WC and hand washbasin with mirror and light. Partial tiling around the bath. Grey liner flooring.
- Outside: Communal garden.
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?
Financial information
Remaining lease term: 165 years
Annual ground rent amount: £0
Ground rent review period: No ground rent
Annual service charge amount: £1,981.90
Service charge review period: Annually
Council tax band: C
*Financial information correct as of 05.10.2023
Floorplan
Financials*
Full Value
£300,000
Share Price
£195,000
Share Value
65%
Monthly Cost
£1,166
Monthly Mortgage
£1,001
Monthly Service Charge
£165
Minimum Household Income
£40,500
Maximum Household Income
£90,000
Deposit Required
£19,500
*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
Swansea Court, Newham, London, Newham, E16 2RT Open in Google Maps