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Shared ownership
£250,000

3 bedroom apartment for sale

at Babbage Point, 20 Norman Road, London SE10
Apartment
3 beds
2 baths
Added > 14 days

Key information

TenureLeasehold | 40% share | rental £2.75pcm | 116 yrs left
Service charge£3,425.16 per annum
Council taxBand C
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold (116 years remaining)
  • Available through Shared Ownership
  • Private balcony
  • Beautifully presented
  • Great transport links


Property reference number: 1061



Babbage Point is a third-floor, 3-bedroom apartment with underfloor heating, a private balcony & an ensuite. Time remaining on the lease is 117 years.



The zone 2 flat is situated in an area with a wealth of nearby restaurants and amenities nearby from the 02, Up the Creek Comedy Club, Wetherspoons and views of the river Thames nearby. Cutty Sark/Greenwich stations are close-by, offering an unprecedented choice for commuters. Baggage Point also benefits from green spaces too with Greenwich Park within walking distance, perfect for door walking and other types of exercise.




  • Nearest Railway Station: Cutty Sark/Greenwich
  • Bus Routes Nearby: 199, 188


The property located on the third floor comprises:



  • Private spacious balcony 
  • Fantastic view of the river
  • Underfloor heating, perfect for the winter
  • Spacious lounge with lots of natural light
  • Communal garden
  • Roof terrace on the 6th floor
  • Integrated appliances in very good condition stainless steel oven, hob, cooker hood, washing machine and fridge-freezer and dishwasher
  • Communal bike storage


What happens after I register my interest?



You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a 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?



Through Shared Ownership you can buy up to 75% of the property, 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 homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.





Financial information



  • Tenure: Leasehold
  • Remaining Lease Term: 117 Years
  • Annual ground rent amount: £0,00
  • Ground rent review period: Only applicable upon final staircasing
  • Annual service charge amount: £2,323.80
  • Service charge review period: 1st April annually
  • Council tax band: Band C


*Financial information is correct as of 13.11.23




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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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