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Shared ownership
£600,000

1 bedroom apartment for sale

at Chancery Building, 3 New Mill Road, London SW11
Apartment
1 bed
1 bath
Added > 14 days

Key information

TenureLeasehold | 50% share | rental £2.75pcm | 116 yrs left
Service charge£3,235.92 per annum
Council taxBand E
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold (116 years remaining)


Property reference number: 1638949



Experience life in Zone 1 in the hub of London's newest neighbourhood near the iconic Battersea Power Station. Chancery Building in Wandsworth is a beautiful must-see one double-bedroom apartment located on the eighth floor in a 12-storey block built in 2015. The approximate size of the flat is 50 sq. m. and the lease remaining on the property is 117 years. 



There are good transport links with the new Battersea Power Station underground station 0.4 miles away. Nine Elms and Vauxhall Stations, served by London Overground & Southern Rail linking to Victoria Train Station in 4 minutes, are also nearby.



Local amenities, including a large Waitrose, bars, cafes, restaurants and leisure facilities are located 0.1 miles away along Nine Elms Lane. Battersea Park and St. George's Wharf is within easy reach.



Nearest Station:  Battersea Power Station, Nine Elms, Vauxhall and Battersea Park



Bus routes nearby: 344, 156 and 436



Key Features



Private balcony

Open plan kitchen

Integrated kitchen appliances



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 [use Contact Agent Button] 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: 117 Years
  • Annual ground rent amount: £0
  • Annual ground rent amount: No ground rent to pay until final staircasing. Payable upon final staircasing.  This will be £300.00 per annum 
  • Annual service charge amount: £3,492.24
  • Service charge review period: 1st April annually
  • Council tax band: Band E


Financial information correct as of 02.08.2024


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About this agent

Peabody - Resales
Peabody - Resales
45 Westminster Bridge Road London SE1 7JB
020 8022 5253
Full profileProperty listings
Peabody develop award-winning homes across London and the Home Counties, with a mission to create great places where people can flourish and want to live. Our ambitious house-building programme aims to provide thousands of high-quality new homes for private sale, Shared Ownership, Rent to Buy, and social rent.
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