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3 Eythorne Road, London, SW9 7DX

Shared ownership

Eythorne Road, London, SW9 7DX

For sale
Shared ownership
Photo of 3 Eythorne Road, London, SW9 7DX
Live from space album cover

from

£145,250

with min. deposit

£7,263

35% Share from
£145,250
Full market price
£415,000
Minimum deposit
£7,263
Monthly rent
£759
Monthly service charge
£150
Reservation free
£300

1 bedroom flat

This one bed property is located on the ground floor of a four story block of flats. The building itself was built in 2017 so is still fairly new and holds many modern features. The flat itself has a fully fitted kitchen with a clean finish and very modern family bathroom. The living space opens out onto a beautiful balcony with lots of room for outdoor seating. The double bedroom is a perfect size with plenty of room for storage and the large windows in the bedroom let plenty of natural light in. The property also includes the use of lovely communal gardens within the the grounds of the building as well as a bike sheds for storage.

The …

Features

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area49.8
Number of floors1
Entrance floorGround floor
Tenureleasehold
Lease years120

from

£145,250

with min. deposit

£7,263

35% Share from
£145,250
Full market price
£415,000
Minimum deposit
£7,263
Monthly rent
£759
Monthly service charge
£150
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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