Flat for sale in Thessaly Road, London SW8
Shared ownership
£142,500
Images may include optional upgrades at additional cost
New build
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Flat for sale - 1 bedroom
Property features
- Spacious, light-filled layouts
- Moments from the iconic Battersea Power Station
- Resident's concierge and garden
- Private balcony or terrace to every home
Property description
Discover New Mansion Square, a collection of exceptional 1-bedroom Shared Ownership homes in Battersea, SW8.
These ready-to-move-into homes boast spacious open-plan layouts, private outdoor space and access to a range of fantastic on-site amenities including a concierge service and residents' garden. All just a stone's throw from the iconic Battersea Power Station - now one of London's best shopping and leisure destinations.
1-bedroom apartments available from £142,500 for a 25% share (full market value £570,000)
Example Shared Ownership Cost Breakdown - 25% share
* Full market value = £570,000
* 25% share price = £142,500
* Estimated monthly rent = £980 (charged at 2.75% of the unsold equity)
* Estimated monthly service charge: £187
Example Shared Ownership cost breakdown - 40% share
* Full market value = £570,000
* Example 40% share price = £228,000
* Estimated monthly rent = £784 (charged at 2.75% of the unsold equity)
* Estimated monthly service charge = £187
Example Shared Ownership cost breakdown - 60% share
* Full market value = £570,000
* Example 60% share price = £342,000
* Estimated monthly rent = £523 (charged at 2.75% of the unsold equity)
* Estimated monthly service charge = £187
Don't miss out, homes at New Mansion Square are now over 70% sold!
What is Shared Ownership?
Shared Ownership is a part buy/part rent scheme that helps you get on the property ladder in an affordable way. You can usually buy an initial share of 25% to 75% of the value of a property. You will then pay a subsidised rent on the share you don’t buy, and there will also be a monthly service charge to be paid on your 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.
Register your interest to find out more or search 'Peabody Shared Ownership'.
Financial information
Tenure: Leasehold
Length of lease: 990 Years
Annual ground rent amount: £0
Ground rent review period: N/A
Annual service charge amount from £2,245.74
Service charge review period: Annual
Council tax band: Tbc
*The financial information provided is indicative of the costs for this property type at this development and is intended to be used as a guide only. Please seek advice from an Independent Financial Advisor for accurate financial information related to your specific circumstances.
New Mansion Square is built in collaboration with Battersea Power Station.
Exterior imagery is of planning CGIs and for guidance purposes only.
A collection of spectacular 1-bedroom Shared Ownership homes in Battersea, SW8
Be part of the renowned Battersea Power Station regeneration project! Live in the Shared Ownership Collection at New Mansion Square and benefit from the following amenities:
- Private balcony or terrace to every home
- Concierge service
- 5 minutes walk from Battersea Power Station underground on the Northern Line
- Loads of green space with a residents-only garden- A short walk to Battersea Park and just moments away from the iconic Battersea Power Station and River Thames.
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.
Register your interest to book your viewing at New Mansion Square.
New Mansion Square is built in collaboration with Battersea Power Station.
Exterior imagery is of planning CGIs and for guidance purposes only.
These ready-to-move-into homes boast spacious open-plan layouts, private outdoor space and access to a range of fantastic on-site amenities including a concierge service and residents' garden. All just a stone's throw from the iconic Battersea Power Station - now one of London's best shopping and leisure destinations.
1-bedroom apartments available from £142,500 for a 25% share (full market value £570,000)
Example Shared Ownership Cost Breakdown - 25% share
* Full market value = £570,000
* 25% share price = £142,500
* Estimated monthly rent = £980 (charged at 2.75% of the unsold equity)
* Estimated monthly service charge: £187
Example Shared Ownership cost breakdown - 40% share
* Full market value = £570,000
* Example 40% share price = £228,000
* Estimated monthly rent = £784 (charged at 2.75% of the unsold equity)
* Estimated monthly service charge = £187
Example Shared Ownership cost breakdown - 60% share
* Full market value = £570,000
* Example 60% share price = £342,000
* Estimated monthly rent = £523 (charged at 2.75% of the unsold equity)
* Estimated monthly service charge = £187
Don't miss out, homes at New Mansion Square are now over 70% sold!
What is Shared Ownership?
Shared Ownership is a part buy/part rent scheme that helps you get on the property ladder in an affordable way. You can usually buy an initial share of 25% to 75% of the value of a property. You will then pay a subsidised rent on the share you don’t buy, and there will also be a monthly service charge to be paid on your 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.
Register your interest to find out more or search 'Peabody Shared Ownership'.
Financial information
Tenure: Leasehold
Length of lease: 990 Years
Annual ground rent amount: £0
Ground rent review period: N/A
Annual service charge amount from £2,245.74
Service charge review period: Annual
Council tax band: Tbc
*The financial information provided is indicative of the costs for this property type at this development and is intended to be used as a guide only. Please seek advice from an Independent Financial Advisor for accurate financial information related to your specific circumstances.
New Mansion Square is built in collaboration with Battersea Power Station.
Exterior imagery is of planning CGIs and for guidance purposes only.
About New Mansion Square Shared Ownership
A collection of spectacular 1-bedroom Shared Ownership homes in Battersea, SW8
Be part of the renowned Battersea Power Station regeneration project! Live in the Shared Ownership Collection at New Mansion Square and benefit from the following amenities:
- Private balcony or terrace to every home
- Concierge service
- 5 minutes walk from Battersea Power Station underground on the Northern Line
- Loads of green space with a residents-only garden- A short walk to Battersea Park and just moments away from the iconic Battersea Power Station and River Thames.
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.
Register your interest to book your viewing at New Mansion Square.
New Mansion Square is built in collaboration with Battersea Power Station.
Exterior imagery is of planning CGIs and for guidance purposes only.
Property info
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For more information about this property, please contact
Peabody - New Mansion Square, SW8 on +44 20 8166 3992 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Peabody - New Mansion Square, and do not constitute property particulars. Please contact Peabody - New Mansion Square for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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