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Beeton Way

Shared ownership

Beeton Way, London, SE27 9BD

For sale
Shared ownership
Photo of Beeton Way
Live from space album cover

from

£156,000

with min. deposit

£15,600

40% Share from
£156,000
Full market price
£390,000
Minimum deposit
£15,600
Monthly rent
£444
Monthly service charge
£263.17
Annual ground rent
£100
Reservation free
£500

2 bedroom flat

SHARED OWNERSHIP

Full market value - £390,000

You pay (40%) - £156,000

Monthly Rent - £444.99

Monthly Service Charge - £263.17

Annual Ground Rent - £100

125 year lease commenced in April 2009 (111 years remaining)

New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.

This apartment has easy access to nearby transport links with trains to London Bridge and Victoria and is also a short walk to the cafes, restaurants and nightlife in West Norwood, …

Features

Allocated parking

Balcony

Central heating

Double Glazing

Communal Garden

Bedrooms2
Bathrooms1
Reception rooms1
Floor area61.75
Number of floors1
Entrance floor1st floor
Tenureleasehold
Lease years111
EER Current82
EER Potential82
EIR Current84
EIR Potential84
Key Information Document

from

£156,000

with min. deposit

£15,600

40% Share from
£156,000
Full market price
£390,000
Minimum deposit
£15,600
Monthly rent
£444
Monthly service charge
£263.17
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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