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Shared ownership
£450,000

2 bedroom apartment for sale

at St. Paul's House, 2 Market Yard, London SE8
Apartment
2 beds
1 bath
Added > 14 days

Key information

TenureLeasehold | 25% share | rental £2.75pcm | 115 yrs left
Ground rent£350 per annum | review period: unconfirmed
Service charge£3,841.92 per annum
Council taxBand C
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold (115 years remaining)


Property reference number: 1639061

 



St. Paul's House is a two-bedroom property in the beating heart of Deptford, located on the second floor in a four-storey block, built in 2014 and has an approximate size of 65 sq. meters.

 

Stroll along Deptford High Street – a 3-minute walk away – and you’ll find an array of independent shops, quirky boutiques and market stalls, framed by stunning rainbow-coloured murals. Deptford still has a proper market. Deptford High Street market was voted one of London's coolest markets by Time Out magazine and dates back to 1872. 

 



Just a 5-minute stroll away is Deptford Creek, this unique spot is one of the most biodiverse for its size in London, with a rare tidal habitat home to over 300 species of wildflowers. At the mouth of the creek, cross the famous swinging footbridge to pick up the Thames Path and walk over to leafy, maritime Greenwich – home to the Royal Observatory, the National Maritime Museum, the Royal Naval College and the famous Cutty Sark. 





From St. Paul's House, you can be in the very heart of Central London within just 7 minutes by rail. New Cross Overground station is a 7min walk away with trains direct to Dalston. Zone 2’s Deptford station is a 4-minute walk from your front door. And from there, regular and rapid National Rail services will have you to London Bridge, the City of London and Farringdon in a flash. Hop onto the Elizabeth line at Farringdon for quick access to Heathrow Airport or for a day trip to Reading. Alternatively, Deptford Bridge DLR station is a 7-minute walk south of the development. Deptford’s location just south of the Thames means travel by water is also an option, with Uber Boat services running from both of the nearby Greenwich and Greenland Surrey Quays piers. Last but not least, for trips even further afield, you can be at London City Airport in 31 minutes via Thameslink and DLR, while Gatwick, Heathrow and Stansted are less than an hour’s drive away.

 


Key Features

 



Two Juliet balconies



Integrated kitchen appliances



Excellent travel connections



 



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, please contact [use Contact Agent Button]  and our team will be able to help you.

 



What is Resale 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: 116 years

Annual ground rent amount: £350.00 – This is payable after final staircasing

Ground rent review period: No ground rent to pay until final staircasing. Every 10 years the ground rent increases by £50.00

Annual service charge amount: £3,841.92

Service charge review period: Annually

Council tax band: C

 



*Financial information correct as of 17.01.2023


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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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