New homes in Lambeth

1 Qty-bedrooms
Shared Ownership £327,000

Zone Oval Village Shared Ownership, SE11 5SQ

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1 bedroom apartment

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Reserve at Zone at Oval Village with deposits from £6,813 ready to move into this winter.
 
Zone is an exceptional development of 1-bedroom Shared Ownership apartments located in Oval in Zone 1. These in-demand homes offer affordable living in a prime London location and benefit from access to a range of on-site residents amenities including:
  • Residents gym*
  • 24-hour concierge service
  • Communal gardens & roof terrace
1-bedroom homes available from £136,250 for a 25% share (full market value £545,000).
 
Example Shared Ownership Cost Breakdown – 25% share
* Full market value = £545,000
* 25% share price = £136,250
* Estimated monthly rent = £937 (charged at 2.75% of the unsold equity)
* Estimated monthly service charge: £212
 
Example Shared Ownership Cost Breakdown – 40% share
* Full market value = £545,000
* Example 40% share price = £218,000
* Estimated monthly rent = £750 (charged at 2.75% of the unsold equity)
* Estimated monthly service charge = £212
 
Example Shared Ownership Cost Breakdown – 60% share
* Full market value = £545,000
* Example 60% share price = £327,000
* Estimated monthly rent = £500 (charged at 2.75% of the unsold equity)
* Estimated monthly service charge = £212
 
About Zone at Oval Village
Zone is an exceptional collection of Shared Ownership apartments, at Berkeleys iconic Oval Village development.
 
Located in Zone 1 between Oval, Vauxhall and Kennington stations Zone at Oval Village makes commuting across the capital fast and easy, while excellent tube, rail, bus and cycle networks put you within easy reach of city hotspots.
 
Built to a high specification, all homes offer the best in contemporary living with concierge service, a private balcony and access to beautifully landscaped gardens; a city oasis for those who enjoy the perks of a city lifestyle and great outdoors.
 
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 dont 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: 999 Years
  • Annual ground rent amount: £0
  • Ground rent review period: N/A
  • Estimated annual service charge amount from £2,546
  • 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.
 
Residents’ gym available for £20 per month on a rolling contract.
 
*Images of residents’ amenities provided by Berkeley. 

Property Features:
Details added: 10/02/2024
Are we missing any purchase information? Click here to contact the developer
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Floorplan:

Floorplan 900 2856493 1707562966
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Zone at Oval Village - 1 Bedroom Show Home
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PDF: Plot Ovalso 7f2d0b12 24c7 Ee11 9079 6045bd0b24e8d Doc 00

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Zone Oval Village Shared Ownership

283 Kennington Lane
Oval
Lambeth
SE11 5SQ

View Full development
Zone at Oval Village is an exceptional collection of Shared Ownership apartments, next door to the famous Oval Cricket ground and in a prime central London location. Located in Zone 1, Zone Vauxhall sits less than 10 minutes from The Thames which hosts numerous events throughout the year and a variety of trendy shops, bars and restaurants.

If commuting is the priority Zone Vauxhall is a perfect choice, less than 10 minutes from Oval, Vauxhall and Kennington stations offering transport connections via Northern and Victoria lines.

All homes benefit from high specification, a private balcony and access to significant landscaped communal gardens, a city oasis for those that enjoy the great outdoors.
 
Register your interest today!
Details added: 08/02/2023
Are we missing any purchase information? Click here to contact the developer
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Disclaimer: The information contained in this site is for general guidance on matters of interest only and New Homes Place Limited holds no warranty for the accuracy of any development or property description or any linked or associated information. Computer generated images and photography are indicative and are intended for illustrative purposes only. They may not represent the actual furnishing and finishes of a property or development.