Co-Operative House

SHARED OWNERSHIP

Full Market Value:  £325,000

Share Value (50%):  £162,500

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 £56,103. 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 July 2025.

*The £500 B&Q 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 August 2025 and then completes on the sale before 31st December 2025. 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.

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. 

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