£645,000

1 bed flat for sale

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New home
Shared ownership

£645,000

1 bed flat for sale

Thessaly Road, London SW8

1 bed

Key Information

Tenure:
Council tax band:

Local area information

Property location

Nearby amenities

  • St George's CofE Primary School 0.1 miles
  • Battersea Power Station 0.1 miles
  • Newton Preparatory School 0.3 miles
  • Battersea Park 0.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Nine Elms, Belgravia and Clapham Common to find out more about the local area.

Features and description

  • Spacious, light-filled layouts
  • Moments from the iconic Battersea Power Station
  • Resident's concierge and garden
  • Private balcony or terrace to every home
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.

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 kitchens and bathrooms

- 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 = £645,000

* 25% share price = £161,250

* Estimated monthly rent = £1,109 (charged at 2.75% of the unsold equity)

* Estimated monthly service charge: £187

Example Shared Ownership cost breakdown - 40% share

* Full market value = £645,000

* Example 40% share price = £258,000

* Estimated monthly rent = £887 (charged at 2.75% of the unsold equity)

* Estimated monthly service charge = £187

Example Shared Ownership cost breakdown - 60% share

* Full market value = £645,000

* Example 60% share price = £387,000

* Estimated monthly rent = £591 (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 . Offer valid on reservations taken from 5 July to 30 September 2024. Prices and details correct from July 2024.

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.

Floor plans and tours

Floor plans (1)

Floor plan 1

Tours (1)

1 virtual tour available

Step inside the property with a virtual tour or video walkthrough.

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Peabody - New Mansion Square

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Property descriptions and related information displayed on this page are marketing materials provided by - Peabody - New Mansion Square. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Peabody - New Mansion Square for full details and further information.

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