SHARED OWNERSHIP

Watling House - Southwark

SHARED OWNERSHIP

Watling House - Southwark

Register interest

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

Watling House is a five storey building situated on New Kent Road close to Elephant & Castle. Located less than half a mile from Elephant & Castle underground station served by the Northern Line & Bakerloo line. Close to the local shopping facilities, leisure centre, parks, museum, leisure centre and excellent transport links into the City, West End and around London. Borough is also within a mile of the property with loads of great bars.

Elephant & Castle is only minutes from numerous Thames River crossings and served by the tube, buses and overground rail, this is one of the capitals best connected localities.

  • Nearest Tube Station: Elephant & Castle (Zone 1) served by the Northern Line & Bakerloo Line.
  • Nearest Train Station: London Bridge & Elephant and Castle (Zone 1) served by the Northern Line and National Rail
  • Bus Routes nearby: 1, 53, 63, 168, 172, 188, 363, 415, 453

The property located on the first floor comprises:

  • Living Room: Spacious lounge area fitted with laminate flooring.
  • Kitchen: Beech wood effect base and wall units with dark grey worktop and tiled splashback. Integrated appliances in good condition. Linoleum flooring.
  • Bedroom: Double bedroom with freestanding wardrobe. Laminate flooring.
  • Bathroom: Vinyl blue flooring with white suite comprising panelled bath with shower over, WC and hand washbasin.
  • Outside: Allocated parking space, gated communal terrace  and 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.

Floorplan

floorplan

Financials*

Full Value

£385,000

Share Price

£115,500

Share Value

30%

Monthly Cost

£1,092

Monthly Mortgage

£467

Monthly Rent

£535

Monthly Service Charge

£90

Minimum Household Income

£38,000

Maximum Household Income

£90,000

Deposit Required

£11,550

*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

Watling House, 128 New Kent Road, London, London, Southwark, SE1 6TX 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.