keaze logo

1-12 Cornwallis Road

Shared ownership

Cornwallis Rd, London, SE18 6SL

For sale
Shared ownership
Photo of 1-12 Cornwallis Road
Live from space album cover

from

£200,000

with min. deposit

£20,000

50% Share from
£200,000
Full market price
£400,000
Minimum deposit
£20,000
Monthly rent
£428
Monthly service charge
£105.96

2 bedroom flat

This beautiful and modern two double bedroom apartment in the popular Royal Arsenal development.

This home will largely suit a first time buyer or professional couple that are looking to take advantage of the excellent transport links nearby and the fantastic local amenities without paying the high service charges in some of neighbouring developments.

The home comprises of a spacious entrance hallway with built-in storage, a large front living room and a self in closed and fully fitted kitchen. There is a modern and family sized bathroom along with two double bedrooms. 

The property has allocated parking in a private car park at the rear of …

Features

Bedrooms2
Bathrooms2
Reception rooms1
Furniture statusunfurnished
Floor area69.5
Number of floors1
Entrance floor3rd floor
Tenureleasehold
Lease years80
EER Current79
EER Potential79
EIR Current80
EIR Potential80

from

£200,000

with min. deposit

£20,000

50% Share from
£200,000
Full market price
£400,000
Minimum deposit
£20,000
Monthly rent
£428
Monthly service charge
£105.96
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.

Similar properties

Lacewood Apartments
Shared ownership

Lacewood Apartments

Lacewood Apartments, London

1

1

Minimum deposit

£12,000

30% Share from

£120,000

Full price

£400,000

Flat 70 Baroque Gardens
Shared ownership

Flat 70 Baroque Gardens

Sale under offer

Mary Rose Square, London

1

1

Minimum deposit

£10,000

25% Share from

£100,000

Full price

£400,000

Roffo Court
Shared ownership

Roffo Court

Roffo Court London

1

1

Minimum deposit

£30,000

75% Share from

£300,000

Full price

£400,000