SHARED OWNERSHIP

Bridgland Road

SHARED OWNERSHIP

Bridgland Road

Register interest
Nestled in the heart of Purfleet-on-Thames, this charming 2-bedroom apartment with allocated parking offers a mix of high-quality local amenities, alongside transport links into London and beyond. 
 
For day-to-day needs and larger shopping trips, Lakeside Retail Park can be found a little over 2 miles away accessible by bus or car in as little as 8 minutes. Here, you can find everything you need from supermarkets like Tesco, Lidl and Costco. Plus, dine at established local restaurants in the famous shopping centre.
 
Additionally, Rainham Marshes Nature Reserve are within easy reach. This vast nature reserve boasts diverse wildlife, marshlands, and wetlands. Visitors can explore the network of trails, bird hides, and observation points, immersing themselves in the natural beauty of the area.
 
Nearest station: Purfleet Train Station (offering direct services into London
Fenchurch Street via Rainham, Westham and Limehouse)
 
Key Features:
  • Spacious lounge and dining area
  • Two spacious bedrooms
  • Allocated bay parking included
  • Located on the top floor
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: 100 years
•    Annual ground rent amount: £0
•    Ground rent review period: No ground rent until final staircasing
•    Annual service charge amount: £2666.28
•    Service charge review period: Annually
•    Council tax band: C

*Financial information correct as of 27/03/2024

Floorplan

floorplan

Financials*

Full Value

£250,000

Share Price

£62,500

Share Value

25%

Monthly Cost

£921

Monthly Mortgage

£338

Monthly Rent

£382

Monthly Service Charge

£201

Minimum Household Income

£30,000

Maximum Household Income

£80,000

Deposit Required

£6,250

*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

Bridgland Road, Purfleet-on-Thames, Essex, Thurrock, RM19 1AP Open in Google Maps

map

Transport

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Retail

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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...

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