SHARED OWNERSHIP

Townhall Square - Bexley

SHARED OWNERSHIP

Townhall Square - Bexley

Register interest

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

Townhall Square is a two bedroom, ground floor apartment, with an approximate size of 70 sq. m situated within a six storey core of 53 flats over ground floor garaging that form part of a large residential development in the heart of Crayford, built around 2011. The lease remaining on the property is 114 years.

There are good transport links with Crayford Station, 0.3 miles away, served by National Rail linking to London Bridge in 30 minutes. Local buses serve the area and the night buses links to Central London.

Local amenities are located 0.2 miles away along Crayford Road. For leisure and enjoyment, Shops, Bars and Restaurants are within 0.2 miles away.

  • Nearest Station: Crayford – Southeastern
  • Bus routes nearby: 96, 428, 492 from Townhall Square Stop

The property located on the ground floor comprises:

  • Entrance: Hallway with two large cupboards and video entry system.
  • Living Room: Spacious lounge with floor to ceiling windows, leading to a modern open plan kitchen. Lots of natural light and door to rear garden. Wood flooring.
  • Kitchen: White wall units with charcoal worktop and tiled back splash. Integrated Zanussi appliances in excellent condition. Tiled flooring.
  • Bedroom One: Double bedroom with access to rear garden. Cream carpeted flooring.
  • Bedroom Two: Double bedroom with access to rear garden. Cream carpeted flooring.
  • Bathroom and Ensuite: White bathroom suite with chrome shower head, WC and hand washbasin with large mirror over. Tiled flooring.
  • Outside: Large private rear garden, parking area, cycle storage & communal courtyard.

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: £150
  • Ground rent review period: 25 years from 15th March 2010
  • Annual service charge amount: £2,379.50
  • Service charge review period: 1st April annually
  • Council tax band: Band C

Floorplan

floorplan

Financials*

Full Value

£270,000

Share Price

£94,500

Share Value

35%

Monthly Cost

£999

Monthly Mortgage

£385

Monthly Rent

£416

Monthly Service Charge

£198

Minimum Household Income

£34,000

Maximum Household Income

£90,000

Deposit Required

£9,450

*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

Townhall Square, Crayford, Bexley, DA1 4FH 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.