Co-Operative House
£172,000 for a 40% share
Property description
Pet friendly, secure parking, located at Peckham Rye. For a limited time, get a £500 Amazon voucher on completion*
Property address
Co-Operative House, Rye Lane, Peckham, SE15 4UR
2 
1 Shared Ownership
SHARED OWNERSHIP
Full Market Value: £430,000
Share Value (40%): £172,000
Monthly Rent: £509.86
Service Charge: £269.79
Council Tax Band: C
EWS1 Certification is available for this block - B1 rating - We are now working with an independent panel of Fire Engineers to review any L&Q building inspections conducted by Tri Fire. Where the panel is not satisfied with the inspection and certificate awarded, we will instruct a new inspection of the building as soon as possible.
A wide entrance hall, complete with two storage cupboards welcomes you into this apartment, consisting of an open-plan kitchen and living area, flooded with natural light from wide floor-length windows, which open onto a private balcony. The double bedroom benefits from built-in storage cupboards and there is a second single bedroom/home office. A family bathroom completes the accommodation.
Located in the heart of Rye Lane near a wide selection of local bars and restaurants and also a short walk from Peckham Rye Common and Peckham Rye Park. Transport links are provided via Peckham Rye, just a few minutes walk away and is served by the Overground, Southern, and Thameslink lines. There is a bus stop with a range of lines into the city and SE London outside the building.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £61,760. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.com and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of February 2025.
*The £500 Amazon voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st October 2025, and then completes on the sale before 31st January 2026. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the Sole or Primary Purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. L&Q reserve the right to remove an incentive at any time.
This is an indication of how much these apartments might cost.
For more detailed information please register your interest in this property.
| Minimum Full Market Value | £430,000 |
|---|---|
| Minimum Share Percentage | 40% |
| Minimum Share Value | £172,000 |
| Monthly Service Charge | £270 |
| Minimum Deposit | £17,200 |
Located in the heart of Rye Lane near a wide selection of local bars and restaurants and also a short walk from Peckham Rye Common and Peckham Rye Park. Transport links are provided via Peckham Rye, just a few minutes walk away and is served by the Overground, Southern, and Thameslink lines. There is a bus stop with a range of lines into the city and SE London outside the building.