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164 Building 50

Shared ownership

Argyll Road, London, SE18 6PL

For sale
Shared ownership
Photo of 164 Building 50
Live from space album cover

from

£215,000

with min. deposit

£21,500

50% Share from
£215,000
Full market price
£430,000
Minimum deposit
£21,500
Monthly rent
£431
Monthly service charge
£103
Annual ground rent
£16
Reservation free
£300
Administration free
£0

2 bedroom flat

Available for shared ownership is this two-bedrom two-bathroom apartment with a balcony view of the River Thames and parking space.

The property boasts a bright and spacious open plan reception room, with access to a private balcony.

The kitchen has a range of white cabinets and integrated cooker and oven.

The master room benefits from having en-suite.

Features

Balcony

Central heating

Double Glazing

Lift access

Off street parking

Wheelchair accessible

Bedrooms2
Bathrooms2
Reception rooms0
Furniture statusunfurnished
Floor area67.6
Number of floors1
Entrance floorGround floor
Tenureleasehold
Lease years84
EER Current83
EER Potential83
EIR Current63
EIR Potential63

from

£215,000

with min. deposit

£21,500

50% Share from
£215,000
Full market price
£430,000
Minimum deposit
£21,500
Monthly rent
£431
Monthly service charge
£103
Annual ground rent
£16
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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