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Bermuda House

Shared ownership

High Street, Hampton Wick, KT1 4DJ

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

from

£253,000

with min. deposit

£12,650

55% Share from
£253,000
Full market price
£460,000
Minimum deposit
£12,650
Monthly rent
£345
Monthly service charge
£197
Annual ground rent
£0

2 bedroom flat

Very well presented, bright and modern two double bedroom apartment with off street parking, set on the upper ground floor of a popular purpose built development, enviably located just a short walk from Hampton Wick station, Bushy Park, Kingston town centre and the banks of the Thames.

The property offers bright and extremely spacious, well laid out accommodation, beautifully maintained and appointed with stylish interiors throughout. Features include a large dual aspect open plan reception/kitchen, modern bathroom, gas central heating, double glazing, quality floor coverings and ample inbuilt storage.

Accommodation comprises entrance hall …

Features

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Entrance floor1st floor
Tenureleasehold

from

£253,000

with min. deposit

£12,650

55% Share from
£253,000
Full market price
£460,000
Minimum deposit
£12,650
Monthly rent
£345
Monthly service charge
£197
Annual ground rent
£0
RHP

RHP

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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