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Albert House

Shared ownership

Erebus Drive, Thamesmead, London, SE28 0GN

For sale
Shared ownership
Photo of Albert House
Live from space album cover

from

£78,000

with min. deposit

£3,900

30% Share from
£78,000
Full market price
£260,000
Minimum deposit
£3,900
Monthly rent
£484
Monthly service charge
£426.81

1 bedroom flat

Moat is pleased to present to the market this one-bedroom apartment, located on a modern riverside development built in 2004 with direct river views. 

The property is located within proximity to local services and amenities. Royal Arsenal station is less than one mile away which provides links London City Airport and Canary Wharf. 

The property is conveniently situated for access onto the A206 with links to the A102 and A2 for access into London, Kent and M25.  Woolwich town centre is less than one mile away with a good selection of shops, restaurants and leisure facilities. 

There are several schools in the local area, the closest being …

Features

Balcony

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Entrance floorGround floor
Tenureleasehold
EER Current82
EIR Current82

from

£78,000

with min. deposit

£3,900

30% Share from
£78,000
Full market price
£260,000
Minimum deposit
£3,900
Monthly rent
£484
Monthly service charge
£426.81
Moat Homes

Moat Homes

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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