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23 Howson Court, 525 Old Kent Road, London, SE1 5XQ

Shared ownership

Howson Court, 525 Old Kent Road, London, SE1 5XQ

Sale under offer
Photo of 23 Howson Court, 525 Old Kent Road, London, SE1 5XQ
Photo of 23 Howson Court, 525 Old Kent Road, London, SE1 5XQ
Photo of 23 Howson Court, 525 Old Kent Road, London, SE1 5XQ
Photo of 23 Howson Court, 525 Old Kent Road, London, SE1 5XQ
Photo of 23 Howson Court, 525 Old Kent Road, London, SE1 5XQ
Photo of 23 Howson Court, 525 Old Kent Road, London, SE1 5XQ
Photo of 23 Howson Court, 525 Old Kent Road, London, SE1 5XQ
Photo of 23 Howson Court, 525 Old Kent Road, London, SE1 5XQ
Photo of 23 Howson Court, 525 Old Kent Road, London, SE1 5XQ
Photo of 23 Howson Court, 525 Old Kent Road, London, SE1 5XQ
Photo of 23 Howson Court, 525 Old Kent Road, London, SE1 5XQ
Photo of 23 Howson Court, 525 Old Kent Road, London, SE1 5XQ
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2 bedroom flat

The property is a lovely two-bedroom flat found in a modern purpose-built block of flats. The accommodation comprises of an entrance hallway with plenty of storage, two good sized bedrooms of which one contains an en suite shower room There is an open plan kitchen/sitting room that opens onto a balcony. There is also a family bathroom.

It is ideally located with a short commute from The City, the West End and Canary Wharf. In under 15 minutes you can walk to South Bermondsey station, where you can get a train to London Bridge in 7 minutes.

FMV: £500,000
Current Share %: 35%
Share Value £: £175,000
Monthly Rent: £346.30
Monthly Service Charge: £144…

Features

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area65.4
Number of floors1
Entrance floor2nd floor
Tenureleasehold
Lease years102

from

£175,000

with min. deposit

£8,750

35% Share from
£175,000
Full market price
£500,000
Minimum deposit
£8,750
Monthly rent
£346
Monthly service charge
£144.22
Reservation free
£300
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.

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