SHARED OWNERSHIP

Bridge House

SHARED OWNERSHIP

Bridge House

Register interest
Property reference number: 1639122
 
Bridge House is a two-bedroom, fourth floor apartment, located in an apartment block, constructed in 2004. The apartment block is located at West Thamesmead, Greenwich and has an approximate size of 71 sq. meters.
 
There are good transport links with Plumstead Station1.6 miles away, served by National Rail. Local buses serve the area andprovide links to Central London.
 
Local amenities are located 1 mile away along Battery Road. For leisure and enjoyment, Gallions Park is within 0.2 miles as well as the various bars, restaurants and cafes in the local area.

Nearest Station: Plumstead Station - Thameslink and Southeastern
Bus routes nearby: Bus route 380 from Miles Drive Stop

Key features
 
Car parking space
Private terrace
Integrated kitchen appliances
 
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, please contact enquiries@peabodynewhomes.co.uk  and our team will be able to help you.
 
What is Resale 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: 105 years
Annual ground rent amount: £200
Ground rent review period: 25 years
Annual service charge amount: £2,061.48
Service charge review period: Annually
Council tax band: C
 
*Financial information correct as of 15.03.2024

Floorplan

floorplan

Financials*

Full Value

£240,000

Share Price

£108,000

Share Value

45%

Monthly Cost

£1,184

Monthly Mortgage

£504

Monthly Rent

£508

Monthly Service Charge

£172

Minimum Household Income

£40,750

Maximum Household Income

£90,000

Deposit Required

£10,800

*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

Bridge House, Defence Close, London, Greenwich, SE28 0NR 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.

Register Your Interest...

Before submitting your details, please read the terms and conditions, and read how we will use your personal information as described in the privacy policy.