£590,000
2 bed flat for sale
Railway, Lockton Street, London W10Leasehold
2 beds
Key information
Tenure
Leasehold (116 years)
Service charge
£256 per month
Council tax band
D
Ground rent
£350
Ground rent date of next review
Shared ownership percentage owned
25%
Shared ownership rent
£246 per month
Peabody - Resale
About this property
Access to communal garden and secure bike storage Spacious balcony
Access to communal garden and secure bike storage Spacious balcony
Floor to ceiling windows with lots of natural light
Ideally located close to Portobello Road and access to transport links
Integrated kitchen appliances
Property reference number: Res-1639420
*This property is available only to people who currently live or work in the Royal Borough of Kensington & Chelsea*
Packenham House is a beautifully presented 2-bedroom apartment located on the second floor with access to private balcony and communal garden. With floor to ceiling windows, enjoy plenty of natural sunlight whilst also benefitting from modern integrated appliances throughout.
The property enjoys an incredible central location, walking distance from the delights of Portobello Road as well as the shopping treats available at Westfields. A stones throw from Latimer Road served by the circle line gives you access to the city.
Nearest stations: Latimer Road served by the circle line (0.1 miles), Paddington Station (2.6 miles)
Bus routes nearby: 295,316
Key features:
- Access to communal garden and secure bike storage
- Spacious balcony
- Floor to ceiling windows with lots of natural light
- Integrated kitchen appliances
- Ideally located close to Portobello Road and access to transport links
What happens after I register my interest?
You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form.
If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact and our team will be able to help you.
What is Resale Shared Ownership?
Through Shared Ownership you can buy up to 75% of the property, 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 homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.
Financial information
Tenure: Leasehold
Remaining lease term: 116 years
Annual ground rent amount: £350
Ground rent review period: Annually
Annual service charge amount: £3,068.64
Service charge review period: Annually
Council tax band: D
*Financial information correct as of 05/09/24
More information
Listed by
Peabody - Resale