1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold
- Spacious, light-filled layouts
- Moments from the iconic Battersea Power Station
- Resident's concierge and garden
- Private balcony or terrace to every home
Discover New Mansion Square near the iconic Battersea Power Station | Now over 70% sold!
These ready-to-move-into homes boast spacious open-plan, light-filled layouts, private outdoor space, and access to fantastic on-site amenities including a concierge service and a residents' garden.
Plus, you will benefit from excellent transport links nearby with Battersea Park, Battersea Power Station, Nine Elms, and Queenstown Road all serving the Northern Line, Overground, and Southern Railway.
All just a stone's throw from the iconic Battersea Power Station - now one of London's best shopping and leisure destinations.
Why buy at New Mansion Square?
- Light-filled, dual-aspect open-plan living area with contemporary designs
- Fully integrated kitchens and bathrooms
- Private balcony
- Well-connected Zone 1 location, minutes from Battersea Power Station underground station
- Residents' podium and communal garden
- Concierge service
- Buzzing iconic location close to an eclectic mixture of bars, restaurants and cafes
- Reserve and save up to £8,062 with 5% cashback*
Example Shared Ownership Cost Breakdown - 25% share
* Full market value = £645,000
* 25% share price = £161,250
* Estimated monthly rent = £1,109 (charged at 2.75% of the unsold equity)
* Estimated monthly service charge: £187
Example Shared Ownership cost breakdown - 40% share
* Full market value = £645,000
* Example 40% share price = £258,000
* Estimated monthly rent = £887 (charged at 2.75% of the unsold equity)
* Estimated monthly service charge = £187
Example Shared Ownership cost breakdown - 60% share
* Full market value = £645,000
* Example 60% share price = £387,000
* Estimated monthly rent = £591 (charged at 2.75% of the unsold equity)
* Estimated monthly service charge = £187
Financial information
Tenure: Leasehold
Length of lease: 990 Years
Annual ground rent amount: £0
Ground rent review period: N/A
Annual service charge amount from £2,245.74
Service charge review period: Annual
Council tax band: TBC
What is Shared Ownership?
Shared Ownership is a government-backed part buy, part rent scheme that helps you to purchase a home that otherwise may not have been affordable. Through Shared Ownership, you can purchase a ‘share’ of a home, typically between 25% and 75%, and pay rent on the remaining amount. Then, over time, you can purchase more shares all the way up to 100%, or simply sell your home on the open market.
What's more, your deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable when compared to buying a home outright.
Register your interest or search “Peabody New Homes Shared Ownership” to find out more.
Disclaimers & T&Cs
*Shared Ownership cost breakdowns and financial information provided is estimated and will differ based on individual circumstances and the specific home reserved.
*5% cashback offer is subject to availability and available on remaining 1-bedroom homes. The maximum available incentive is £8,062 (based on 73 Arden Mansions). Total cashback must not exceed 5% of the 25% property share value (0.0125% of full market value). Incentive payable upon completion of contracts. Offer per individual household/home sold and cannot be used in conjunction with any other offer. Additional T&Cs, eligibility and affordability criteria may apply. Please speak to a member of our sales team for more details or visit peabodynewhomes.co.uk/offers. Offer valid on reservations taken from 5 July to 30 September 2024. Prices and details correct from July 2024.
Property information from this developer
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*DISCLAIMER
Property reference Peabody Homes_New Mansion Square Shared Ownership_62749_7ca7cb2d-5640-ef11-a316-6045bdd029aeB. 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 - New Mansion Square Shared Ownership.
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
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
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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