£92,500
1 bed flat for saleSumner Road, Peckham SE15
1 bed
1 bath
1 reception
- Unfurnished
- Shared ownership
- Pets allowed
- Leasehold
L&Q - Pre Owned Shared Ownership Homes
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About this property
Great transport links
Quiet Residential Street
Communal gardens
Ample storage
Shared ownership
Full Market Value - £370,000
You Pay (25%) - £92,500
Monthly Rent - £764.91
Monthly Service Charge - £192.91
Ground Rent - £100 per annum
Council Tax Band: C
125 year lease commenced October 2015 (115 years remaining)
EWS1 certification is available for this block - B1 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.
Make this home your own, enjoy a £500 B&Q Voucher on completion*
Enter this well presented dual aspect apartment via a spacious hallway with storage. There is a generous open plan reception area which opens onto a south west facing private balcony. The kitchen is fitted with a range of white wall and base units and incorporates an integrated oven, hob and extractor as well as spaces for white goods. The well proportioned double bedroom includes fitted storage and the accommodation is completed with a modern bathroom
Sumner Road is a quiet residential street located just off Commercial Way in the heart of Peckham. Peckham Rye and Queens Road stations are within easy reach; both under 15 minutes walk. Burgess Park, Southwarks largest park, is also just a short walk. An array of impendent shops, bars and restaurants are found locally with Peckham High Street and Queens Road high streets all within easy reach.
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 £53,360. If you are offered the property, 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 the property for our schemes. If you are not registered please visit our website 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 at 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.
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More information
Tenure
Leasehold (117 years)
Service charge
£193 per month
Council tax band
C
Ground rent
£100
Ground rent date of next review