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.

Peabody - Resales

Property reference number: 163942 Blake Street property is a stunning 2-bedroom home with parking and integrated appliances in Aylesbury. There are good transport links within proximity of the home and local bus routes available nearby. A great selection of amenities are located nearby including Sainsburys, ALDI, Tesco, health & fitness centres, bars/restaurants, an abundance of parks/green spaces, lakes and Aylesbury shopping park. <ul><li> 	</li><li>Nearest Railway Station: Aylesbury Vale Parkway & Aylesbury train stations</li><li>Bus Routes Nearby: 14, 14A</li></ul> The house comprises: <ul><li>Private parking</li><li>Integrated appliances</li><li>Central heating</li></ul> 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 <ul><li>Tenure: Leasehold</li><li>Remaining Lease Term: 86 Years</li><li>Annual ground rent amount: £150</li><li>Ground rent review period: Every 25 years</li><li>Annual service charge amount: £2,859.48</li><li>Service charge review period: 1st April annually</li><li>Council tax band: Band C</li></ul> *Financial information is correct as of 12.6.24

Property reference Blake-Street. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Peabody - Resales.

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 Red: One bar, reliable signal unlikely 
 Amber: Two bars, may experience problems with connectivity 
 Green: Three bars, likely to have good coverage and receive a data rate to support basic web services 
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Knowing the tenure is important because it affects your rights and costs associated with the property.

                                  If you do not know the tenure, you will not know how you will legally own the property and if there are any further costs & obligations you must comply with.
Shared ownership property is the option in which you purchase a percentage of the property and pay rent on the share that you do not own. You may be able to purchase the remaining share(s) at an additional cost. When you wish to sell the property you may require permission to do so.    There will be additional costs in terms of mortgage fees, valuation fees and potential fees to the Housing Association but the key issue will be affordability.
The remaining length of the lease may affect your ability to obtain a mortgage.

Tenure

Ground rent is paid under the terms of a lease to the owner of the land on which the property is built. If you do not know the ground rent, review period & conditions of review, you will be unaware of the additional costs that you may have to pay. These charges may also increase. Ground rent will not be charged for new leases granted from 30 June 2022 in England and Wales.

Ground rent

Service charges are the contribution towards the maintenance of shared amenities. If you do not know the amount, review period and conditions of review you will be unaware of the additional costs that you may have to pay. These charges may also increase.

Service charge

If you do not know the Council Tax band you will not know how much you need to pay.

Council tax

If you don't know the type of utilities which the property has, there may be additional costs, for example if the water supply comes from a private well which requires regular maintenance or has water quality requirements.

Water

Knowing the nature of your heating supply is important as there may be additional considerations, for example if the property is not connected to the mains gas line and has an LPG heating system.

Heating

Knowing the nature of your electricity supply is important as there may be additional considerations, for example if the property is not connected to the national grid and has a generator instead.

Electricity

If you don't know the type of utilities which the property has, there may be additional costs, for example if the property has a septic tank that requires regular maintenance and emptying.

2 bedroom apartment for sale

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