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Arum Apartments

Shared ownership

Arum Apartments, 46 Rodney Road, se17 1fj

For sale
Shared ownership
Photo of Arum Apartments
Live from space album cover

from

£185,500

with min. deposit

£18,550

35% Share from
£185,500
Full market price
£530,000
Minimum deposit
£18,550
Monthly rent
£660
Monthly service charge
£340.85
Annual ground rent
£0
Reservation free
£500

1 bedroom flat

Shared Ownership

Full Market Value:  £530,000

Share Value (35%):  £185,500

Monthly Rent:         £660.92

Service Charge:      £340.85

Council Tax Band:    D

125 year lease commenced March 2017 -118 years remaining

EWS1 certification is available for this property

L&Q welcomes you to view this one bedroom, third floor apartment

This bright and airy one bedroom apartment consists of an open-plan kitchen and living area. Spacious main double bedroom benefitting from built-in storage cupboards. The bathroom comes complete with a white three-piece suite with a shower over bath. Two additional storage cupboards in hallway.

The apartment is close to the …

Features

Balcony

Bedrooms1
Bathrooms1
Reception rooms1
Floor area55.9
Number of floors1
Entrance floor3rd floor
Tenureleasehold
Lease years125
EER Current86
EER Potential86
EIR Current96
EIR Potential96
Key Information Document

from

£185,500

with min. deposit

£18,550

35% Share from
£185,500
Full market price
£530,000
Minimum deposit
£18,550
Monthly rent
£660
Monthly service charge
£340.85
Annual ground rent
£0
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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