SHARED OWNERSHIP

Shamrock House - Second floor

SHARED OWNERSHIP

Shamrock House - Second floor

Register interest
Property reference number: 1639084
 
Shamrock House is a 1-bedroom, second floor apartment with balcony in a three storey apartment block of similar flats in Greenwich. The property has an approximate size of 59 sq. meters.

There are excellent transport links with the Cutty Sark DLR Station less than a minute walk away and Greenwich Train Station a five minute walk away.

A great selection of amenities are located within a 5 minute walk. A range of shops, fine bars and restaurants are located within close proximity of the property. For leisure, Greenwich Park is in walking distance.

  • Nearest Station: Cutty Sark DLR station and Greenwich Rail Station
Key features 
 
Private balcony
Open plan kitchen
Integrated kitchen appliances
 
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: 112 years
Annual ground rent amount: £0
Ground rent review period: No ground rent to pay until final staircasing.
Annual service charge amount: £4,579.44
Service charge review period: Annually
Council tax band: E
 
*Financial information correct as of 26.03.2024

Financials*

Full Value

£420,000

Share Price

£126,000

Share Value

30%

Monthly Cost

£1,730

Monthly Mortgage

£680

Monthly Rent

£866

Monthly Service Charge

£184

Minimum Household Income

£61,000

Maximum Household Income

£90,000

Deposit Required

£12,600

*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

Shamrock House, 23 Bardsley Lane, London, Greenwich, SE10 9GH 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...

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