SHARED OWNERSHIP

Plomer Avenue

SHARED OWNERSHIP

Plomer Avenue

Register interest
Property reference number: 1639387
 
Plomer Avenue is a charming one-bedroom apartment located on the second floor of a well-maintained building in the picturesque town of Hoddesdon Spanning 48 square meters, this delightful apartment offers a cosy yet spacious living environment, perfect for singles or couples looking for comfort and convenience.

Hoddesdon is a vibrant community that offers a variety of activities and amenities to its residents. Within walking distance, you’ll find an array of local shops, cafes, and restaurants, providing a taste of the local flavour. For those who enjoy outdoor activities, Barclay Park offers beautiful green spaces, walking trails, and a serene lake, perfect for leisurely strolls or picnics. The town also boasts a weekly market, where you can find fresh produce, artisanal goods, and unique items from local vendors.
 
Hoddesdon offers a range of local amenities to ensure a comfortable lifestyle. The town is home to several supermarkets, fitness centres, and healthcare facilities, making day-to-day living convenient and hassle-free. For those interested in sports and recreation, the John Warner Sports Centre provides a variety of facilities, including a swimming pool, gym, and sports courts.

Plomer Avenue is conveniently located just 1.3 miles from Rye House National Rail Train Station, providing excellent connections to Central London. A direct train to London Liverpool Street will get you into the heart of the city in under 40 minutes, making it an ideal location for commuters. Whether you’re heading into the city for work or pleasure, the efficient rail services ensure that London’s world-class amenities, including shopping districts, theatres, and cultural landmarks, are within easy reach.
 
Key features
 
Integrated kitchen appliances
Communal garden 
Secured bike storage
 
What happens after I register my interest?
 
You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a 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, please contact enquiries@peabodynewhomes.co.uk  and our team will be able to help you.
 
What is Resale Shared Ownership?
 
Through Shared Ownership you can buy up to 75% of the property, 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 homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more. 
 
Financial information

Tenure: Leasehold
Remaining lease term: 170 years
Annual ground rent amount: £0
Ground rent review period: No ground rent to pay until final staircasing.
Annual service charge amount: £2,130.60
Service charge review period: Annually
Council tax band: C
 
*Financial information correct as of 24.07.2024

Floorplan

floorplan

Financials*

Full Value

£195,000

Share Price

£78,000

Share Value

40%

Monthly Cost

£986

Monthly Mortgage

£421

Monthly Rent

£387

Monthly Service Charge

£178

Minimum Household Income

£33,000

Maximum Household Income

£80,000

Deposit Required

£7,800

*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

12 Plomer Avenue, Hoddesdon, Hoddesdon, Broxbourne, EN11 9FR Open in Google Maps

map

Transport

Education

Food and Drink

Leisure

Retail

Worship

Healthcare

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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