SHARED OWNERSHIP

Pemberton House

SHARED OWNERSHIP

Pemberton House

Register interest

Property reference number: 1639343

 

Nestled on the border of Southall and Hanwell, this 1-bedroom apartment on the ground floor offers convenience and connectivity to the best of the local area and across London. 
 
Just 0.7 miles from Hanwell Station, around a 15-minute walk, this home provides easy access into key central London hubs such as Tottenham Court Road, Farringdon and Liverpool Street via the Elizabeth Line.
 
Closer to home you have access to a range of local amenities and attractions. A good selection of local shops including Lidl, Iceland, Sainsbury's, Waitrose and Tesco can all be found nearby. For the weekends, there are plenty of open green spaces such as Brent Lodge Park, Elthorne Park and Brent River Park just a short walk away, with Hanwell Zoo also closeby for a day trip with friends and family.
  • Nearest stations: Boston Manor, Hanwell
  • Bus routes nearby: 483, 282, 95, 207, SL8

Key features:

  • Terrace and patio

  • Modern kitchen with integrated appliances

  • Secure bike storage

  • Communal garden

  • Central heating

  • Fitted wardrobe

What happens after I register my interest?
After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the Shared Ownership Application Form.

If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email after checking here, please contact enquiries@peabodynewhomes.co.uk and our team will be able to help you.

What is Shared Ownership?

Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought-after location.

Financial information

  • Tenure: Leasehold
  • Remaining lease term: 119 Years
  • Annual ground rent amount: £250
  • Ground rent review period: Every 21 years
  • Annual service charge amount: £2,567.64
  • Service charge review period: 1st April annually
  • Council tax band: Band C

*Financial information correct as of 19.06.2024

Floorplan

floorplan

Financials*

Full Value

£310,000

Share Price

£108,500

Share Value

35%

Monthly Cost

£1,462

Monthly Mortgage

£580

Monthly Rent

£668

Monthly Service Charge

£214

Minimum Household Income

£61,500

Maximum Household Income

£90,000

Deposit Required

£12,163

*The monthly mortgage, monthly rent, minimum household income and deposit required are all guide figures and will vary depending on your personal circumstances and the mortgage you are able to secure. Please note that applicants will be expected to purchase the maximum share that is sustainable for them. Applicants will be required to attend a financial interview with a Mortgage Advisor appointed by Peabody to assess affordability in line with Affordable Homes guidelines set by the HCA/GLA. Speak to a member of the Peabody New Homes team for more details.

Location

Pemberton House, Denman Avenue, Southall, Ealing, UB2 4FX Open in Google Maps

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Next steps

To book a property viewing, please register your interest and we will email you details on how to book online. Alternatively you can get in touch directly with our Resident Sales Team using the link below.

Register Your Interest...

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