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East Carriage House

Shared ownership

Royal Carriage House, Royal Arsenal, SE18 6PL

For sale
Shared ownership
Photo of East Carriage House
Live from space album cover

from

£225,000

with min. deposit

£22,500

50% Share from
£225,000
Full market price
£450,000
Minimum deposit
£22,500
Monthly rent
£450
Monthly service charge
£101.78

2 bedroom flat

This spacious apartment is located on the first floor of this beautiful building situated in the heart of Woolwich.  Comprising of two double bedrooms, two bathrooms (en-suite to master bedroom) and private balcony with lovely views.  The kitchen is fitted with modern appliances including a built in oven, stove and integrated appliances. 

The local area is perfect for any first time buyer or new family. There is a vast range of food shops, restaurants, bars and even a farmers market very close by and also a children's nursery in close proximity of the apartment. 
Woolwich Arsenal train station is just a 9 minute walk from East Carriage House …

Features

Bedrooms2
Bathrooms2
Reception rooms1
Furniture statusunfurnished
Floor area69.4
Number of floors1
Entrance floor1st floor
Tenureleasehold
EER Current87
EER Potential87
EIR Current86
EIR Potential86

from

£225,000

with min. deposit

£22,500

50% Share from
£225,000
Full market price
£450,000
Minimum deposit
£22,500
Monthly rent
£450
Monthly service charge
£101.78
Complete Moves

Complete Moves

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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