Co-Operative House
£167,500 for a 50% share
Property description
Well located, pet friendly, private balcony, communal gardens
Property address
Co-Operative House, Rye Lane, London, SE15 4UR
1 
1 Shared Ownership
SHARED OWNERSHIP
Full Market Value: £335,000
Share Value (50%): £167,500
Monthly Rent: £402.04
Service Charge: £269.79
Council Tax Band: B
EWS1 CERTIFICATION IS AVAILABLE FOR THIS BLOCK - B1/B2 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.
99 year lease commenced in April 2007 - 80 years remaining - ask about lease extension
A wide entrance hall, complete with storage cupboards welcomes you into this well presented apartment. consisting of an open-plan kitchen and living area, flooded with natural light from wide floor-length windows, which open onto a west facing private balcony. The modern white kitchen includes an integrated oven, hob and extractor and has spaces for all your white goods.The double bedroom benefits from built-in storage cupboards and a family bathroom completes the accommodation.
This apartment is located on Rye Lane, minutes from leafy Peckham Rye Park and close to all the local bars and restaurants that Peckham Rye has to offer. 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 routes 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 £56,357. 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.
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 | £335,000 |
|---|---|
| Minimum Share Percentage | 50% |
| Minimum Share Value | £167,500 |
| Monthly Service Charge | £270 |
| Minimum Deposit | £16,750 |
This apartment is located on Rye Lane, minutes from leafy Peckham Rye Park and close to all the local bars and restaurants that Peckham Rye has to offer. 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 routes into the city and SE London outside the building.
Others
- Balcony
- Central heating
- Double Glazing
- Lift access
- Pets allowed
Outside space
- Communal Garden