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Arklow Road (2)

Discounted market sale

Arklow Road, London, SE14 6AZ

For sale
Discounted market sale
Photo of Arklow Road (2)
Live from space album cover

from

£300,000

with min. deposit

£15,000

Minimum deposit
£15,000
Monthly service charge
£132.09

1 bedroom flat

High-ceilinged one-bedroom first-floor conversion flat, within a handsome brick-built twenties industrial building. The property sits just within the New Cross postcode on its Deptford border - and the immediate locale has been recently developed to a really high standard; creating a thriving little community all of its own. The building boasts a shared garden and bike store.

This spacious 1st floor, one bedroom home at New Cross, benefits from great transport locations. Only 7 minutes walk from New Cross station and 7 from London Bridge.

The property is just a short walk from a range of parks and green spaces such as Greenwich Park.

Deptford …

Features

Central heating

Communal Garden

Lift access

Terrace

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statuspart-furnished
Floor area42.2
Number of floors1
Entrance floor1st floor
Tenureleasehold
Lease years121

from

£300,000

with min. deposit

£15,000

Minimum deposit
£15,000
Monthly service charge
£132.09
SO Sales

SO Sales

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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