Homes to buy
Peel House
Address:
Regency Street, Westminster, SW1
Anticipated Availability:
June 2010
Description:
A sought-after development in the heart of the City of Westminster, ideally located only minutes walk from Pimlico tube and the River Thames. Peel House provides a selection of 14 one-bedroom properties on a quiet street near Victoria.
All the apartments come with white goods and flooring throughout. The conversion of this Victorian building has been undertaken with care and these homes are sure to go quickly.
Peel House presents those who met the City of Westminster’s priorities a rare chance to buy an affordable home in Zone 1.
Priority will be given to those who meet the Local Authority criteria. Shares from 25% upwards with no restrictions are available. Service charges are estimated to be £100 per month and monthly rent is likely to be 2.75% of unsold equity.
The maximum household income to be eligable is £60,000 but we will aim to provide the homes to those with a total income under £50,000 to meet our charitable objectives. Based on the March 2009 valuation the minimum household income required for these properties is:
Circa £37, 500K – for the cheapest.
Circa £39,000 – for the most expensive.
View an information booklet about these homes here. To find out more about these properties and if you are eligable, contact our managing agents.
