SHARED OWNERSHIP

Marlow Court - Greenwich

SHARED OWNERSHIP

Marlow Court - Greenwich

Register interest

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

Marlow Court is a stunning, one-bedroom, ground floor apartment with underfloor heating. The property is located in a four-storey apartment block. The approximate size of the property is 52 sq. m. and the time remaining on the lease is 114 years.

There are good transport links with Deptford Train Station just a two-minute walk away from the property. Cutty Sark DLR is 0.6 miles away. Local buses serve the area and the night buses provide links to Central London locations.

Local amenities are located along Creek Road. For leisure and enjoyment, Twinkle and Greenwich Parks are within easy reach.

  • Nearest station: Deptford Train Station and Cutty Sark DLR Station
  • Bus routes nearby: 47, 188 and 199

The property located on the ground floor comprises:

  • Entrance: Hallway with large cupboards and entry phone system.
  • Living room: Spacious lounge area with large windows, lots of natural light leading to a modern open plan kitchen. Laminated flooring.
  • Kitchen: White gloss wall and base units. Laminated dark grey worktop and plinth. Integrated appliances in very good condition. Laminated flooring
  • Bedroom one: Master bedroom. Laminated flooring.
  • Bathroom with WC: White suite, comprising panelled bath with shower head, WC, hand washbasin and mirror over. Chrome heated towel rail. Tiled flooring.
  • Outside: Secure cycle storage and communal terrace.

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: 114 Years
  • Annual ground rent amount: N/A
  • Ground rent review period: N/A
  • Annual service charge amount: £1,607.64
  • Service charge review period: 1st April annually
  • Council tax band: Band D

Floorplan

floorplan

Financials*

Full Value

£345,000

Share Price

£86,250

Share Value

25%

Monthly Cost

£948

Monthly Mortgage

£349

Monthly Rent

£465

Monthly Service Charge

£134

Minimum Household Income

£32,000

Maximum Household Income

£90,000

Deposit Required

£8,625

*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

Marlow Court, 24 McMillian Street, London, Greenwich, SE8 3FS 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.