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30 Goldsworthy Gardens

Shared ownership

Goldsworthy Gardens, London, SE16 2TB

For sale
Shared ownership
Photo of 30 Goldsworthy Gardens
Live from space album cover

from

£80,000

with min. deposit

£8,000

25% Share from
£80,000
Full market price
£320,000
Minimum deposit
£8,000
Monthly rent
£391
Monthly service charge
£258.21
Reservation free
£500

1 bedroom flat

SHARED OWNERSHIP

Full Market Value:  £ 320,000

Share Value (25%):  £80,000

Monthly Rent: £391.72

Service Charge: £258.21

Council Tax Band: B

125 year lease commenced April 2008 - 110 years remaining

EWS1 - New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.

The property is set in a fantastic location close to amenities and local green spaces and within walking distance of Leyton Midland Road Station and Leyton bus station making transport across …

Features

Central heating

Communal Garden

Patio

Private Garden

Bedrooms1
Bathrooms1
Reception rooms1
Floor area54
Number of floors1
Entrance floorGround floor
Tenureleasehold
Lease years110
EER Current79
EER Potential79
EIR Current83
EIR Potential83

from

£80,000

with min. deposit

£8,000

25% Share from
£80,000
Full market price
£320,000
Minimum deposit
£8,000
Monthly rent
£391
Monthly service charge
£258.21
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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