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12 The Grange - 41122110

Shared ownership

12 The Grange, London, SE1 3GU

For sale
Shared ownership
Photo of 12 The Grange - 41122110
Live from space album cover

from

£157,500

with min. deposit

£7,875

30% Share from
£157,500
Full market price
£525,000
Minimum deposit
£7,875
Monthly rent
£570
Monthly service charge
£377

1 bedroom flat

Features

Communal Garden

Terrace

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statuspart-furnished
Number of floors1
Entrance floorGround floor
Tenureleasehold
Lease years116

from

£157,500

with min. deposit

£7,875

30% Share from
£157,500
Full market price
£525,000
Minimum deposit
£7,875
Monthly rent
£570
Monthly service charge
£377
SO Sales

SO Sales

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

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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