SHARED OWNERSHIP
Brooklyn Building
Share Price (40%) £164,000
Full Value Price £410,000
SHARED OWNERSHIP
Brooklyn Building
Share Price (40%) £164,000
Full Value Price £410,000
Brookly Building also benefits from green spaces too with Greenwich Park within walking distance, perfect for door walking and other types of exercise.
- Nearest Railway Station: Cutty Sark/Greenwich
- Bus Routes Nearby: 199, 188
- Lift access
- Floor to ceiling windows in bedroom and livingroom
- Integrated appliances
- Private balcony
- Communal garden
- Secure bike storage
- Central heating
- Gym
- Views of the communal garden and fountain
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: 104 Years
- Annual service charge amount: £4,598.76
- Annual ground Rent: 0
- Ground rent review period: No ground rent to pay until final staircasing
- Service charge review period: 1st April annually
- Council tax band: Band B
*Financial information is correct as of 30.1.24
Floorplan
Financials*
Full Value
£410,000
Share Price
£164,000
Share Value
40%
Monthly Cost
£1,641
Monthly Mortgage
£885
Monthly Rent
£373
Monthly Service Charge
£383
Minimum Household Income
£58,000
Maximum Household Income
£90,000
Deposit Required
£16,400
*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
Brooklyn House, 32 Blackheath Road, London, Greenwich, SE10 8GA Open in Google Maps