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46 Dacres Wood Court

Shared ownership

2030 Mayow Road, London, SE23 2XG

For salenew home
Shared ownership
Plot  gallery image
Live from space album cover

from

£228,750

with min. deposit

£11,438

50% Share from
£228,750
Full market price
£457,500
Minimum deposit
£11,438
Monthly rent
£524
Monthly service charge
£85

2 bedroom flat

Wonderful 2 bedroom apartment in the Dacres Wood Court development. The price advertised represents purchasing a 50% share of the home.

 

About the Development

 

Dacres Wood Court is a brand new Bellway development situated in the up and coming area of Lower Sydenham. These 1, 2 and 3 bedroom apartments are stunning and many offered with private balconies and integrated kitchen/bathroom appliances.

With a wealth of local amenities from retail outlets and eateries to leisure centres and gyms, this development could not be more perfectly located.

About the Home

 

This plot is a brand new 2 bedroom apartment built by Bellway in the lovely Dacres Wood …

Features

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Tenureleasehold

from

£228,750

with min. deposit

£11,438

50% Share from
£228,750
Full market price
£457,500
Minimum deposit
£11,438
Monthly rent
£524
Monthly service charge
£85
Sage Housing

Sage Housing

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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