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3 Pilot Walk

Shared ownership

Pilot Walk, London, SE10 0UR

For sale
Shared ownership
Photo of 3 Pilot Walk
Live from space album cover

from

£196,000

with min. deposit

£19,600

40% Share from
£196,000
Full market price
£490,000
Minimum deposit
£19,600
Monthly rent
£579
Monthly service charge
£311.5
Annual ground rent
£100
Reservation free
£500

2 bedroom flat

SHARED OWNERSHIP

Full Market Value: £490,000

Share Value (40%): £196,000

Monthly Rent: £579.24

Service Charge: £311.50

Annual Ground Rent: £100.00

Council Tax Band: D

125 year lease commenced in June 2017 - 119 years remaining

EWS1 CERTIFICATE : B2 RATING - Remedial works are currently being carried out at no cost to residents. An EWS1 'B1' status certificate will be issued upon completion of the remedial works.

Greenwich peninsula is a highly desirable location, which is positioned on the edge of the River Thames and within minutes of the O2 arena, which offers access to a wide range of shops, bars and restaurants. North Greenwich station is …

Features

Pets allowed

Bedrooms2
Bathrooms1
Reception rooms1
Floor area70
Number of floors1
Entrance floor5th floor
Tenureleasehold
Lease years119
EER Current84
EER Potential84
EIR Current96
EIR Potential96
Key Information Document

from

£196,000

with min. deposit

£19,600

40% Share from
£196,000
Full market price
£490,000
Minimum deposit
£19,600
Monthly rent
£579
Monthly service charge
£311.5
Annual ground rent
£100
Reservation free
£500
L&Q

L&Q

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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