keaze logo

Citizens House

Discounted market sale

Unity Way, London, SE26 4FE

For salenew home
Discounted market sale
Photo of Citizens House
Live from space album cover
  • from

    £215,000

    1 bedroom

  • from

    £272,500

    2 bedroom

from

£215,000

with min. deposit

£21,500

London CLT

£215,000

1 bedroom flat

£272,500

2 bedroom flat

Availability

For sale

For sale

Full market price

£215,000

£272,500

Deposit from

£21,500

£27,250

Bedrooms

1

2

Bathrooms

1

1

Reception rooms

0

0

Furniture status

unfurnished

unfurnished

Number of floors

1

1

Entrance floor

Ground floor

Ground floor

Tenure

leasehold

leasehold

Lease years

175

175

Property features

BalconyDouble GlazingPets allowedTerraceWheelchair accessible
BalconyDouble GlazingPets allowedTerraceWheelchair accessible

Overview

London Community Land Trust are now allocating 11 new build homes at Citizens House, Unity Way, Sydenham.

A collection of 1 & 2 bedroom apartments, these homes are genuinely and permanently affordable, linked to the median income in the borough and work out at 55% of the market rate for the area.

The project grew out of a campaign by local people to bring affordable homes to Sydenham/Forest Hill.

1 bedroom homes priced at £215,000

2 bedroom homes priced at £272,500

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.

from

£215,000

with min. deposit

£21,500

Similar properties

SO Resi Times Square
Shared ownership

SO Resi Times Square

new home

Bessemer Road, Welwyn Garden City

1 - 2

1 - 2

Minimum deposit

£5,375

25% Share from

£53,750

Full price

£215,000

SO Resi Times Square_S79
Shared ownership

SO Resi Times Square_S79

new home

Bessemer Road, Welwyn Garden City

Studio

1

Minimum deposit

£5,375

25% Share from

£53,750

Full price

£215,000

101 Gillies Meadow
Shared ownership

101 Gillies Meadow

new home

58 Condor Way, Basingstoke

2

1

Minimum deposit

£5,375

50% Share from

£107,500

Full price

£215,000