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1 bedroom apartment for sale

Dylon Riverside, 7 Purbeck Gardens, London, SE26
Featured
New build
Recently added
Apartment
1 bed
1 bath
528 sq ft / 49 sq m
Added < 7 days

Key information

TenureLeasehold | 997 yrs left
Council taxAsk agent
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold (997 years remaining)
  • Discount Market Sale Units Available
  • Excellent Transport Links London Bridge in 14 minutes
  • Zone 4: Lower Sydenham (Zone 4) is a 2 minute walk away
  • Weston Homes fully inclusive specification
  • Please note some images are computer generated and are for indicative purposes only
  • Surrounded by green space and landscaped gardens
  • Private balcony or winter garden to every apartment
  • You can choose from an extensive range of specification options at no extra cost (subject to stage of construction)
  • First Completions from June 2024
Our exceptional one bedroom discount market sale unit at Dylon Riverside. (Price includes 30% saving).

Description

WHAT IS DMS?
DMS stands for ‘discount market sale’. This is a home ownership product designed to help eligible people get onto the property ladder. Through DMS, you can buy a property with a discount of 30% of the full market value. For instance, a property with a market value of £400,000 would cost you £280,000 after the DMS discount is applied.

HOW DO I FINANCE MY DMS PURCHASE?
To buy a home through DMS you will need to provide a deposit using savings and apply for a mortgage (minimum 50% gross value of the property) through a lender in the normal way. You must be a qualifying purchaser. All purchasers must sign a Statement of Truth.

HOW MUCH DO I NEED TO PAY AS A DEPOSIT? You will need a deposit of 5% of the purchase price.

DO I HAVE TO PAY STAMP DUTY?
If you are a first-time buyer, you do not pay stamp duty on a property’s value up to £425,000.

WHAT HAPPENS WHEN I WANT TO SELL MY HOME?
You can sell your home at any time. You must sell the property with the same discount percentage that you received when you bought it. Your buyer must also sign a Statement of Truth. Terms and conditions apply to both the purchase and onward

Location

Only 0.2 mile to Lower Sydenham train station with direct trains to London Bridge taking just 14 minutes.

Dylon Riverside is a 15-minute walk from Sydenham high street, where you’ll find hidden gems and authentic local shops tucked around every corner. From green grocers to book shops, this eclectic village has it all. And of course, it wouldn’t be a London neighbourhood without a great mixture of friendly pubs, chic bars and a diverse mix of restaurants drawing influences from around the world.

Just a short 10-minute drive away from Dylon Riverside, Beckenham high street boasts a wonderful collection of restaurants, bars and cafes. Head to El Molino for Spanish tapas or spend an afternoon at Papilio for British and international style dishes.

Wander down to The Br3wery for locally brewed craft beers, their terrace is the perfect place to relax with friends, or try The Chancery, a traditional gastro pub offering guests Sunday roasts.

Square Footage: 528 sq ft
Leasehold with approximately 997 years remaining.


Additional Info

Ground Rent: £0.00

Service Charge:
1 Bed - £ 1,574 PA
2 Bed - £ 1,835 PA
3 Bed - £ 2,054 PA
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About this agent

Savills - East London New Homes
Savills - East London New Homes
61 Wallis Road Hackney Wick, London E9 5LH
020 8033 5571
Full profileProperty listings
Our estate and lettings agents are based in the heart of Hackney Wick, and are committed to helping clients to buy, sell, let and rent new homes and developments. Whether you're a vendor, buyer, landlord, tenant or developer, our team takes the time to guide clients through each stage of the process, from start to finish. Most visited website Savills.co.uk is the most visited UK national estate agency website, averaging over 2.4 million visits a month in 2020, and recording over 3.1 million visits in January 2021. Global exposure Our site is available in 22 languages including English, Chinese, Spanish and Russian. This guarantees your property will have the global exposure it deserves as well as providing access to more buyers via our website. Put simply, because we get more qualified visits, you get more opportunities to sell.
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