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Gallions Point

Help to Buy

1A Atlantis Avenue, London, E16 2UB

For salenew home
Photo of Gallions Point
Photo of Gallions Point
Live from space album cover

1 bedroom flat

GENERAL FEATURES
- 24 hour concierge service
-Underfloor heating
-Basement bicycle storage
-Private residents’ Lounge
-Car parking available by separate negotiation

KITCHENS
-High-gloss white, handle-less fitted units from London designer Urban Myth
-Stone worktops
-Fully integrated Smeg appliances: stainless steel oven, induction hob, extractor hood, dishwasher, fridge/freezer & washer/dryer
-Feature lighting under wall units

FLOORING
-Kitchen, living room & hallway in woodstrip laminate flooring


DECOR
-Smooth finish to all walls & ceilings, painted in white emulsion
-White satinwood finish to doors & woodwork


SECURITY & WARRANTIES
-Video entryphone …

Features

Wheelchair accessible

Bedrooms1
Bathrooms1
Reception rooms1
Number of floors1
Entrance floorGround floor
Tenureleasehold

from

£348,750

with min. deposit

£17,438

Minimum deposit
£17,438
Monthly service charge
£300
Telford Homes

Telford Homes

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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