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21 Marconi Road

Shared ownership

Marconi Road, London, E10 7JB

For sale
Shared ownership
Photo of 21 Marconi Road
Live from space album cover

from

£212,500

with min. deposit

£10,625

50% Share from
£212,500
Full market price
£425,000
Minimum deposit
£10,625
Monthly rent
£486
Monthly service charge
£120

2 bedroom terraced house

A wonderfully presented 2 bedroom property/house available now for resale in Waltham Forest under the Shared Ownership Scheme.

The Shared ownership scheme is a fantastic opportunity for first time buyers to purchase their first home.

This wonderful 2 bedroom property, with private rear garden and 2x off road parking spaces has been designed to meet your every comfort and provides a contemporary feel, perfect for relaxed living.

The property benefits from:

- Fitted integrated oven & hob which are included in the sale
- Private outdoor space (front & rear garden)
- Carpets to bedrooms, stairs & landing
- Wooden effect flooring to lounge and hallway …

Features

Back Garden

Front Garden

Central heating

Double Glazing

Driveway

Off street parking

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Entrance floorGround floor
Tenurefreehold

from

£212,500

with min. deposit

£10,625

50% Share from
£212,500
Full market price
£425,000
Minimum deposit
£10,625
Monthly rent
£486
Monthly service charge
£120
Imagine Living

Imagine Living

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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