1 bedroom apartment
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Discover New Mansion Square near the iconic Battersea Power Station | Now over 70% sold!
These ready-to-move-into homes boast spacious open-plan, light-filled layouts, private outdoor space, and access to fantastic on-site amenities including a concierge service and a residents’ garden.
These ready-to-move-into homes boast spacious open-plan, light-filled layouts, private outdoor space, and access to fantastic on-site amenities including a concierge service and a residents’ garden.
Plus, you will benefit from excellent transport links nearby with Battersea Park, Battersea Power Station, Nine Elms, and Queenstown Road all serving the Northern Line, Overground, and Southern Railway.
All just a stone’s throw from the iconic Battersea Power Station – now one of London’s best shopping and leisure destinations.
Why buy at New Mansion Square?
- Light-filled, dual-aspect open-plan living area with contemporary designs
- Fully integrated kitchen and bathroom
- Private balcony
- Well-connected Zone 1 location, minutes from Battersea Power Station underground station
- Residents’ podium and communal garden
- Concierge service
- Buzzing iconic location close to an eclectic mixture of bars, restaurants and cafes
- Reserve and save up to £8,062 with 5% cashback*
Example Shared Ownership Cost Breakdown – 25% share
* Full market value = £585,000
* 25% share price = £146,250
* Estimated monthly rent = £1005 (charged at 2.75% of the unsold equity)
* Estimated monthly service charge: £187
* Full market value = £585,000
* 25% share price = £146,250
* Estimated monthly rent = £1005 (charged at 2.75% of the unsold equity)
* Estimated monthly service charge: £187
Example Shared Ownership cost breakdown – 40% share
* Full market value = £585,000
* Example 40% share price = £234,000
* Estimated monthly rent = £804 (charged at 2.75% of the unsold equity)
* Estimated monthly service charge = £187
* Full market value = £585,000
* Example 40% share price = £234,000
* Estimated monthly rent = £804 (charged at 2.75% of the unsold equity)
* Estimated monthly service charge = £187
Example Shared Ownership cost breakdown – 60% share
* Full market value = £585,000
* Example 60% share price = £351,000
* Estimated monthly rent = £536 (charged at 2.75% of the unsold equity)
* Estimated monthly service charge = £187
* Full market value = £585,000
* Example 60% share price = £351,000
* Estimated monthly rent = £536 (charged at 2.75% of the unsold equity)
* Estimated monthly service charge = £187
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
What is Shared Ownership?
Shared Ownership is a government-backed part buy, part rent scheme that helps you to purchase a home that otherwise may not have been affordable. Through Shared Ownership, you can purchase a share of a home, typically between 25% and 75%, and pay rent on the remaining amount. Then, over time, you can purchase more shares all the way up to 100%, or simply sell your home on the open market.
What’s more, your deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable when compared to buying a home outright.
Register your interest or search Peabody New Homes Shared Ownership to find out more.
Disclaimers & T&Cs
Shared Ownership cost breakdowns and financial information provided is estimated and will differ based on individual circumstances and the specific home reserved.
5% cashback offer is subject to availability and available on remaining 1-bedroom homes. The maximum available incentive is £8,062 (based on 73 Arden Mansions). Total cashback must not exceed 5% of the 25% property share value (0.0125% of full market value). Incentive payable upon completion of contracts. Offer per individual household/home sold and cannot be used in conjunction with any other offer. Additional T&Cs, eligibility and affordability criteria may apply. Please speak to a member of our sales team for more details or visit peabodynewhomes.co.uk/offers. Offer valid on reservations taken from 5 July to 30 September 2024. Prices and details correct from July 2024.
