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Bevans House

Shared ownership

Bevans House, London, SW18 1GR

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

from

£202,500

with min. deposit

£20,250

45% Share from
£202,500
Full market price
£450,000
Minimum deposit
£20,250
Monthly rent
£331
Monthly service charge
£215.46
Annual ground rent
£100
Reservation free
£500

1 bedroom flat

SHARED OWNERSHIP

Full Market Value - £450,000

You Pay (45%) - £202,500

Monthly Rent - £331.62

Service Charge - £215.46

Annual Ground Rent - £100.00 PA

125 year lease commenced April 2015 - 117 years remaining

Council Tax Band: D

EWS1 Certification is available for this property.

Eltringham Street is situated off York Road and close to vibrant Clapham Junction and Wandsworth Town.They both offer excellent shopping, plus lots of choice of bars and restaurants. Clapham Common and Battersea park are also perfect for a local walk.
Asda, Lidl and Mark & Spencer supermarkets are also all located nearby.
 

There are also good transport connections from …

Features

Balcony

Lift access

Bedrooms1
Bathrooms1
Reception rooms1
Floor area49
Number of floors1
Entrance floor1st floor
Tenureleasehold
Lease years117
EER Current86
EER Potential86
EIR Current90
EIR Potential90

from

£202,500

with min. deposit

£20,250

45% Share from
£202,500
Full market price
£450,000
Minimum deposit
£20,250
Monthly rent
£331
Monthly service charge
£215.46
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

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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