SHARED OWNERSHIP

Babbage Point - One Bed

SHARED OWNERSHIP

Babbage Point - One Bed

Register interest

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

Babbage Point is a third floor, one-bedroom apartment with underfloor heating and balcony, situated in a seven storey modern development built around 2015. The approximate size of the property is 48 sq. m. and the time remaining on the lease is 120 years.

There are good transport links with Greenwich Station less than three minutes away.

A great selection of amenities are located within a 5 minute walk. A range of shops, fine bars and restaurants are located within close proximity of the property. For leisure, Greenwich Park is in walking distance.

  • Nearest Station: Greenwich Station

The property located on the third floor comprises:

  • Entrance: Hallway with built-in airing cupboard and video entry phone system.
  • Living Room: Spacious lounge with lots of natural light with a patio door to balcony. Laminated wooden flooring.
  • Open Plan Kitchen: High-gloss mochawall units with white marbleworktop and plinth. Integrated stainless steel oven, hob, cooker hood, washing machine and fridge-freezer and dishwasher. Laminated wooden flooring.
  • Bedroom One: Double bedroom. Woolmix carpeted flooring.
  • Bathroom: Light grey suite comprising panelled bath with shower head, WC, hand washbasin with large mirror over and heated towel rail. Full height tiling around the bath. Tiled flooring.
  • Outside: Private balcony with access via lounge,secure cycle storage and communal garden

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.

Floorplan

floorplan

Financials*

Full Value

£365,000

Share Price

£164,250

Share Value

45%

Monthly Cost

£1,100

Monthly Mortgage

£630

Monthly Rent

£291

Monthly Service Charge

£179

Minimum Household Income

£40,000

Maximum Household Income

£90,000

Deposit Required

£16,425

*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 sales team for more details.

Location

Babbage Point, 20 Norman Road, London, Greenwich, SE10 9FA Open in Google Maps

map

Transport

Education

Food and Drink

Leisure

Retail

Worship

Healthcare

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.