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Berens Court

Shared ownership

Berens Court, 150 Main Rd, Sidcup, DA14 6TJ

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

from

£128,100

with min. deposit

£6,405

70% Share from
£128,100
Full market price
£183,000
Minimum deposit
£6,405
Monthly rent
£0
Monthly service charge
£155.73

1 bedroom flat

**55's and OVER ONLY** Moat is pleased to present to the market this beautifully refurbished one bedroom first floor retirement flat. The property was built around 1982 and roughly 43m2. Specifically designed for people 55 years and over with lift facility and communal gardens.  It benefits from plenty of storage plus its own courtyard garden area.  Sidcup high street is less than half a mile away and has a selection of amenities including shops and restaurants. Sidcup railway station is one mile away with links to Lewisham, London Bridge and Charing Cross. **CASH BUYERS ONLY**

  • Entrance hall
  • Living room beautifully decorated
  • Kitchen fully …

Features

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Entrance floor1st floor
Tenureleasehold
EER Current71
EER Potential78

from

£128,100

with min. deposit

£6,405

70% Share from
£128,100
Full market price
£183,000
Minimum deposit
£6,405
Monthly rent
£0
Monthly service charge
£155.73
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

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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