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8 Hawthorne Crescent

Shared ownership

8 Hawthorne Crescent, SE10 9GQ

For sale
Shared ownership
Photo of 8 Hawthorne Crescent
Live from space album cover

from

£105,000

with min. deposit

£10,500

25% Share from
£105,000
Full market price
£420,000
Minimum deposit
£10,500
Monthly rent
£801
Monthly service charge
£224.26
Annual ground rent
£100
Reservation free
£500

1 bedroom flat

Shared Ownership

Full market value - £420,000

You pay (25%) £105,000

Monthly rent: £801.41

Monthly service charge £224.26

Annual ground rent: £100

Council Tax Band: C

250 year lease commenced in January 2020 (247 years remaining)

EWS1 certification is available for this property - B1 rating.

Greenwich Square is created around a vibrant public square, including leisure facilities, GP/Surgery, library, swimming pool and gym with around 30 different exercise classes for both adults and kids including Yoga and Pilates. There is a range of retail amenities as well as providing a diverse mix of apartments, maisonettes and townhouses.

Maze Hill station is a …

Features

Bedrooms1
Bathrooms1
Reception rooms1
Floor area48
Number of floors1
Entrance floor5th floor
Tenureleasehold
Lease years247
EER Current85
EER Potential85
EIR Current95
EIR Potential95
Key Information Document

from

£105,000

with min. deposit

£10,500

25% Share from
£105,000
Full market price
£420,000
Minimum deposit
£10,500
Monthly rent
£801
Monthly service charge
£224.26
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

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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