SHARED OWNERSHIP

Wells Way - Southwark

SHARED OWNERSHIP

Wells Way - Southwark

Register interest

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

Wells Way property is a purpose built first floor flat in a 3 storey development, built approximately 17 years ago. The remaining time on the lease is 172 years.

There are good transport links with several Underground and National Railway Stations within close proximity to the flat.

A good selection of amenities is located 200 metres away on the Wells Way and Southampton Way. For leisure and enjoyment, Burgess Park is only 30 metres away.

  • Nearest Train Station: Denmark Hill: 0.9 miles away, Peckham Rye: 1 mile away, Elephant and Castle: 1 mile
  • Bus Routes Nearby: 343, N343 and 136 to London Bridge

The property comprises:

  • Entrance: Entrance with hallway, utility room and entry phone system.
  • Living Room: Spacious lounge area with large windows and lots of natural light. Wooden laminate flooring.
  • Kitchen: Modern, beige wall units with grey worktop and tiled splashback. Gas hob and oven. Linoleum flooring.
  • Bedroom One: Double bedroom with fitted wardrobe. Carpeted flooring.
  • Bedroom Two: Double bedroom with fitted wardrobe. Laminated wood flooring.
  • Bathroom: White suite, comprising panelled bath with shower head, WC, hand washbasin, mirror and cabinet. Tiled flooring.
  • Outside: Large communal area and allocated parking space.

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

£425,000

Share Price

£212,500

Share Value

50%

Monthly Cost

£1,304

Monthly Mortgage

£859

Monthly Rent

£308

Monthly Service Charge

£136

Minimum Household Income

£45,750

Maximum Household Income

£90,000

Deposit Required

£21,250

*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

73 Wells Way, London, Southwark, SE5 7GD Open in Google Maps

map

Transport

Education

Food and Drink

Leisure

Retail

Worship

Healthcare

Virtual Tour

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.