SHARED OWNERSHIP

Palm House

SHARED OWNERSHIP

Palm House

Register interest

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

Palm House - This property is a one-bedroom, ground floor apartment, completed in 2014. The block is situated on a quiet one-way residential street. There are 116 years remaining on the lease of the property.

Transport links are only 0.5miles away at Kennington and Vauxhall Underground Stations. The busy commuter can therefore be in the West End or the City within half an hour of leaving home. Local buses serve the area and the night buses provide links to Central London. A Santander Cycle docking station is adjacent to the building which provides quick and easy access (15mins) to the city centre and Royal parks. Local amenities of a Post Office, newsagent, butchers and hairdresser are located 0.1 miles away along Vauxhall Street and a Tesco is situated on Kennington Road (0.3miles) (by the bus stop).

For leisure and enjoyment, there are cafes, bars, pubs, parks and restaurants along Black Prince Road, around Kennington Cross and the riverside bars at St James’ Wharf in Vauxhall. The buzz of the Southbank is a 25min walk along the river opposite the Houses of Parliament.

  • Nearest Station: Vauxhall - South Western Railway
  • Nearest Tube Stations: Kennington Underground Station for both branches of the Northern Line & Vauxhall Underground Station for the Victoria Line (both 0.5 miles)
  • Bus routes nearby: 3, 59, 77, 159, 344, 360, N3, N109
  • Other: Santander Cycles and ZipCars on Sancroft St itself

The property located on the ground floor comprises:

  • Entrance: The flat has its own private entrance from the street. A secure front door with letterbox into a hallway with hanging space for coats and storage area large enough for shelves or a bike.
  • Living Room: Spacious lounge with lots of natural light from full height South facing windows. Light oak laminate flooring.
  • Kitchen: White fitted wall units with dark wood effect worktop. Integrated appliances (fridge, freezer and dishwasher) with stainless steel oven and electric hob. Washer/Dryer. Light oak laminate flooring.
  • Bedroom One: Well sized double bedroom with fitted wardrobes. Wool-mix dark-beige carpet flooring.
  • Bathroom: White suite comprising panelled bath with separate shower head, WC, hand washbasin with large mirror over and heated towel rail. Full height tiling around the bath. Tiled flooring.
  • Airing cupboard: Large airing cupboard provides additional storage as well as hot water tank and heat exchanger to communal boiler system (billed on usage basis). There are radiators throughout, but the flat is well insulated and rarely needs heating.
  • Outside: Private front patio with lockable iron gate and fence leads to front door, with small garden and hedge to the side. Secure cycle storage, communal amenities and gardens to the rear of the block accessed via communal block entrance.

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.

Floorplan

floorplan

Financials*

Full Value

£435,000

Share Price

£152,250

Share Value

35%

Monthly Cost

£1,262

Monthly Mortgage

£615

Monthly Rent

£558

Monthly Service Charge

£89

Minimum Household Income

£45,000

Maximum Household Income

£90,000

Deposit Required

£15,225

*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

Palm House, 70 Sancroft Street, London, Lambeth, SE11 5NG 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.