£103,500
1 bed flat for saleCo Operative House, Rye Lane, London SE15
1 bed
1 bath
1 reception
- Shared ownership
- Leasehold
L&Q - Pre Owned Shared Ownership Homes
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About this property
Well located
Pet friendly
Communal gardens
Private Balcony
Right to park in allocated bay
Shared ownership
Full Market Value: £345,000
Share Value (30%): £103,500
Monthly Rent: £484.14
Service Charge: £269.79
Annual Ground Rent: £0
Council Tax Band: B
EWS1 Certification is available for this block - B1 rating
990 year lease commenced in January 2010 - 976 years remaining
A wide entrance hall, complete with storage cupboards welcomes you into this apartment. Consisting of an open-plan kitchen and living area, flooded with natural light from wide floor-length windows, which open onto a private balcony. The double bedroom benefits from built-in storage cupboards and a contemporary bathroom completes the accommodation.
Located in the heart of Rye Lane itself on top of all the local bars and restaurants that Peckham Rye has to offer. Transport links are provided via Peckham Rye, just a few minutes walk away and is served by the Overground, Southern, and Thameslink lines. There is a bus stop with a range of lines into the city and se London outside the building.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £48,063. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of March 2025.
More information
Tenure
Leasehold (976 years)
Service charge
£270 per month
Council tax band
B
Ground rent
Ground rent date of next review