SHARED OWNERSHIP
Williamson House
(Share Price (30%) - £165,000
Full Value Price £550,000
SHARED OWNERSHIP
Williamson House
(Share Price (30%) - £165,000
Full Value Price £550,000
- Nearest Railway Station: New Cross Gate and Queen's Road Peckham station
- Bus Routes Nearby: 136, 171, 177, 436, 36, 21
- Living room: Open plan living room/hallway with access to the private balcony and floor-to-ceiling windows. LVT grey flooring.
- Kitchen: Grey units with dark grey worktops and integrated appliances. LVT Grey flooring.
- Bedroom 1 (ensuite): Double bedroom with fitted wardrobe, floor-to-ceiling windows and grey carpeted flooring. White suite rain forest shower with fully tiled walls, mirror and towel rail. LVT Grey flooring
- Bedroom 2: Double bedroom with fitted wardrobe, floor-to-ceiling windows and grey carpeted flooring.
- Bathroom: White suite comprising panelled bath with shower head, partially tiled walls, WC and towel rail. LVT grey flooring
- Outside: secure cycle storage, 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.
Through Shared Ownership you can buy up to 75% of the property, 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 homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.
- Tenure: Leasehold
- Remaining lease term: 247 Years
- Annual service charge amount: £2,039.16
- Annual ground Rent: £350.00
- Ground rent review period: Every 15 years, in May
- Service charge review period: 1st April annually
- Council tax band: Band C
*Financial information is correct as of 5.10.23
Financials*
Full Value
£550,000
Share Price
£165,000
Share Value
30%
Monthly Cost
£2,003
Monthly Mortgage
£838
Monthly Rent
£995
Monthly Service Charge
£170
Minimum Household Income
£78,000
Maximum Household Income
£90,000
Deposit Required
£16,500
*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
Williamson House, 47 Pomeroy Street, London, Lewisham, SE14 5GA Open in Google Maps