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49 Cambria Court

Shared ownership

Greenhithe DA9 9UG, Greenhithe, DA99UG

For sale
Shared ownership
Photo of 49 Cambria Court
Live from space album cover

from

£120,000

with min. deposit

£6,000

50% Share from
£120,000
Full market price
£240,000
Minimum deposit
£6,000
Monthly rent
£223
Monthly service charge
£157.71
Reservation free
£250

2 bedroom flat

The current market value is £240,000 for 100%. The minimum 50% share available is priced at £120,000, current rent payable £223.03 pcm, rent is subject to annual reviews. Service charges are currently £157.71 pcm.

Viewings by appointment only. Please note Social Distancing measures need to be followed. Please contact resales 

If you would like to apply after you have conducted a viewing, a PDF writable application form can be saved from the Brochure Section on this advert. 

Application forms need to be returned to Optivo for the attention of Jan

*Please note the successful applicant will be required to pay a £250 non-refundable reservation fee …

Features

Central heating

Double Glazing

Off street parking

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors3
Entrance floorGround floor
Tenureleasehold
Lease years88
EER Current89

from

£120,000

with min. deposit

£6,000

50% Share from
£120,000
Full market price
£240,000
Minimum deposit
£6,000
Monthly rent
£223
Monthly service charge
£157.71
Reservation free
£250
Optivo (Resales)

Optivo (Resales)

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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