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Alderton Court

Shared ownership

Alderton Court, Bexleyheath, DA6 7BE

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

from

£101,500

with min. deposit

£10,150

35% Share from
£101,500
Full market price
£290,000
Minimum deposit
£10,150
Monthly rent
£493
Monthly service charge
£144.81
Annual ground rent
£1
Reservation free
£500

1 bedroom flat

SHARED OWNERSHIP

Full Market Value: £290,000

Your pay (35%): £101,500

Monthly rent: £493.05

Monthly service charge: £144.81

Ground rent: £1

Council tax band: C

250 year lease commenced in February 2013 - 240 years remaining 

EWS1 certification status for this property is the responsibility of a third party and is currently unknown. More information on EWS1 certificates can be found on the LQ Group website by searching "EWS1"

This apartment is situated within walking distance to Bexleyheath town centre which offers a range of high street shops, a cinema, supermarkets, a bowling alley and bars and restaurants.

Bexleyheath mainline railway station is …

Features

Balcony

Lift access

Bedrooms1
Bathrooms1
Reception rooms1
Floor area49.7
Number of floors1
Entrance floor4th floor
Tenureleasehold
Lease years240
EER Current85
EER Potential85
EIR Current94
EIR Potential94

from

£101,500

with min. deposit

£10,150

35% Share from
£101,500
Full market price
£290,000
Minimum deposit
£10,150
Monthly rent
£493
Monthly service charge
£144.81
Annual ground rent
£1
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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