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Shared ownership
£70,000

1 bedroom apartment for sale

at Merbury Close, Greenwich, London SE28
Apartment
1 bed
1 bath
Added > 14 days

Key information

TenureLeasehold | 35% share | rental £2.75pcm | 105 yrs left
Ground rent£120 per annum | review period: unconfirmed
Service charge£2,076 per annum
Council taxBand B
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold (105 years remaining)


Property reference number: 1639055






Strand House is a 1-bedroom, first floor apartment in an apartment block located at West Thamesmead, Greenwich.



 



There are good transport links with Plumstead Station served by National Rail. Local buses serve the area and provide links to Central London.



 



For leisure and enjoyment, Gallions Park is within walking distance, perfect for dog walks, jobs or reconnecting with nature. There are multiple bars, restaurants and cafes in the local area. You will find access to the riverside walkways, stores and doctor surgeries. The flat is also close to several schools.




  • Nearest station: Plumstead Station - Thameslink and Southeastern
  • Bus routes nearby: 244380


 



Key features




  • Car parking space
  • Integrated kitchen appliances
  • Communal garden
  • Proximity to London City airport

     



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: 105 years
  • Annual ground rent amount: £120
  • Ground rent review period: 25 years
  • Monthly service charge amount: £173
  • Service charge review period: Annually
  • Council tax band: B


 



*Financial information correct as of 28.05.2024


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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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