SHARED OWNERSHIP

Churchyard Row - Two Bed

SHARED OWNERSHIP

Churchyard Row - Two Bed

Register interest

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

The Churchyard Row property is a spacious two-bed, ninth floor apartment within a 45 storey residential tower built around 2018. It benefits from communal bike storage and 24hr concierge service. The lease remaining on the property is 121 years.

Churchyard Row is less than a 5 minute walk away from Elephant & Castle Underground, served by Bakerloo and Northern Lines, giving you access to all corners of Central London. Elephant & Castle Train Station is also nearby, with Thameslink and Southeastern trains taking you in and out of London with ease. 

Close to the property are attractions such as The Young Vic Theatre and the independent Shortwave Cinema. Pop-up bars at Mercato Metropolitano, 214 Bermondsey bar and Bermondsey Arts Club are also close by.

The property located on the ninth floor comprises:

  • Entrance: Hallway with two utility rooms.
  • Living Room: Spacious lounge with open plan kitchen and patio doors onto the balcony. Wood flooring.
  • Kitchen: White and grey wall units with white worktop and stainless steel splashback. Integrated Hotpoint appliances in excellent good condition. Wood flooring
  • Bedroom One: Double bedroom with fitted wardrobe. Carpeted flooring.
  • Bedroom Two: Double bedroom. Carpeted flooring.
  • Bathroom: Grey and white suite comprising panelled bath with shower head, WC and hand washbasin and mirror over. Tiled flooring
  • Storage: Private balcony and secure cycle storage

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.

What is Shared Ownership?

Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, 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 high-spec homes even more affordable in such a sought after location.

Financial information

  • Tenure: Leasehold
  • Remaining Lease Term: 121 years
  • Annual ground rent amount: £350
  • Ground rent review period: Each and every 10 anniversary of the commencement date
  • Annual service charge amount: £3216.96
  • Service charge review period: 01st April each year
  • Council tax band: Band E

Financials*

Full Value

£627,000

Share Price

£156,750

Share Value

25%

Monthly Cost

£2,048

Monthly Mortgage

£571

Monthly Rent

£1,209

Monthly Service Charge

£268

Minimum Household Income

£80,000

Maximum Household Income

£90,000

Deposit Required

£15,675

*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

9 Churchyard Row, London, Southwark, SE11 4FE Open in Google Maps

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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.