SHARED OWNERSHIP
Willow House
Willow House, Dragonfly Place, London, Lewisham, SE4 2FJ
Resale Shared Ownership
(Share Price (35%) - £127,750
Full Value Price £365,000
(Share Price (35%) - £127,750
Full Value Price £365,000
1 Bedrooms
1/11
SHARED OWNERSHIP
Willow House
Willow House, Dragonfly Place, London, Lewisham, SE4 2FJ
Resale Shared Ownership
(Share Price (35%) - £127,750
Full Value Price £365,000
(Share Price (35%) - £127,750
Full Value Price £365,000
1 Bedrooms
Property reference number: 1639018
This stunning, 1-bedroom open plan flat is available in a private road in the popular setting of Brockley, just 180 seconds walk from the overground station. The flat has lift access, central heating, communal garden & secure bike storage is available in Brockley, Lewisham. The time remaining on the lease is 115 years.
In addition to the overgound/national rail station offering incredible links into London Bridge, the City, East London and the South Bank, Willow House is home to no less than seven different bus routes.
This increasingly popular locale benefits from green spaces too! Telegraph Hill Park and Hilly Fields are within easy walking distance, making it ideal for taking it easy for many types of exercise, walking your dog or taking a breath of fresh air.
- Nearest Railway Station: Brockley, Nunhead, New Cross Gate, Crofton Park stations
- Bus Routes Nearby: 484 (departs outside Dragonfly Place), 343, 171/172, N171, P12
The property comprises:
- Living room: Open plan kitchen/lounge with floor to ceiling windows and smoked oak laminated flooring. There are also three hallway cupboards for use as wardrobe
- Kitchen: Dark brown lower cupboards, light beige upper cupboards with light brown worktop and integrated kitchen appliances. Light tiled flooring.
- Bedroom one & two: Double bedroom with smoked oak laminated flooring.
- Bathroom: White suite comprising panelled bath with shower head, partially tiled walls. There is also a WC and a towel rail. Dark navy flooring
- Outside: private balcony, communal garden & secure bike storage
What happens after I register my interest?
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 after checking here, please contact enquiries@peabodynewhomes.co.uk and our team will be able to help you.
What is Shared Ownership?
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.
Financial information
Tenure: Leasehold
Remaining lease term: 115 Years
Annual service charge amount: £1,853.04
Annual ground Rent: 120
Ground rent review period: 25 years
Service charge review period: 1st April annually
Council tax band: Band B
*Financial information is correct as of 31.10.23
Financials*
Full Value
£365,000
Share Price
£127,750
Share Value
35%
Monthly Cost
£1,271
Monthly Mortgage
£690
Monthly Rent
£427
Monthly Service Charge
£154
Minimum Household Income
£44,000
Maximum Household Income
£90,000
Deposit Required
£12,775
*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
Willow House, Dragonfly Place, London, Lewisham, SE4 2FJ Open in Google Maps
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