General Description
Octavia are pleased to present fantastic this one bedroom, third floor apartment originally built in 1907 and redeveloped in 2010.
The apartment benefits from laminate wood strip flooring, part suspended ceilings incorporating recessed downlighters, double glazed windows throughout, fully tiled family bathroom with ceiling extractor and heated towel rail, independent central heating/hot water system served by a gas fired Worcester combination boiler and open-plan fitted kitchen with integrated Electrolux appliances.
Transport Links
Pimlico (London Underground) Station is situated within easy walking distance to the south and numerous
bus routes pass close to the property on the main thoroughfares. Vehicular access to South London is readily accessible by means of either Lambeth or Vauxhall Bridge Roads.
Local Amenities
Multiple shopping facilities and amenities are available locally, in Victoria, Pimlico and Westminster, as well as several schools within the local vicinity.
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Name of Housing Provider: |
Octavia Housing |
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Type of tenure? |
Shared Ownership |
|
If Shared ownership, is this opportunity a new build or resale? |
Resale |
|
Name of development (if appropriate) |
|
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Full address of development (including postcode): |
Peel House 105 Regency Street SW1P 4EF |
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Type of property i.e. apartment or house |
Apartment |
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Number of units available |
1 |
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Eligibility criteria e.g. Is it key worker specific? |
Registered with Homeownership Westminster |
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Does the property have access for people with disabilities? |
|
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Minimum household income required to achieve affordability |
To be confirmed following financial assessment with IFA |
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Maximum Household Income to allow eligibility. |
£90,000 |
|
Number of bedrooms |
1 |
|
Number of years remaining on lease (if shared ownership or discounted market sale) |
Approx. 113 years remaining |
|
Minimum % Share Available and any restrictions on staircasing (if applicable) |
Minimum 45% Max 75% |
|
Value Range of properties (min to max) Full market value of property if resale |
£575,000 |
|
Value of share offered |
£258,750 |
|
Service Charge |
£160.34 |
|
Monthly Rent |
£611.10 |
|
Date Available |
ASAP |