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1 Lime Court, 33 Trinity Close

Shared ownership

33 Trinity Close, London, E11 4RX

For sale
Shared ownership
Photo of 1 Lime Court, 33 Trinity Close
Live from space album cover

from

£79,500

with min. deposit

£7,950

30% Share from
£79,500
Full market price
£265,000
Minimum deposit
£7,950
Monthly rent
£431
Monthly service charge
£95.42
Reservation free
£300
Administration free
£0

1 bedroom house

We are pleased to offer this lovely 1 bedroom, ground floor flat in Leytonstone, London. The property benefits from a spacious lounge/diner with modern kitchen, bathroom and large double bedroom. The property also has outdoor communal spaces to enjoy. The property boasts a 91 year lease.

Close by you will find Leytonstone High Road Overground Station & Leytonstone Underground Station so you will benefit from excellent transport links, as well a secure, designated parking space for your own vehicle. You also will benefit from a wealth of shops, cafe's, restaurants and bars on your doorstep.

Features

Bedrooms1
Bathrooms1
Reception rooms1
Floor area40.8
Number of floors1
Entrance floorGround floor
Tenureleasehold
Lease years125
EER Current86
EER Potential86

from

£79,500

with min. deposit

£7,950

30% Share from
£79,500
Full market price
£265,000
Minimum deposit
£7,950
Monthly rent
£431
Monthly service charge
£95.42
Reservation free
£300
Administration free
£0
Southern Home Ownership

Southern Home Ownership

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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