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Bombardier House

Shared ownership

London, SE3 9GZ

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

from

£92,500

with min. deposit

£9,250

25% Share from
£92,500
Full market price
£370,000
Minimum deposit
£9,250
Monthly rent
£516
Monthly service charge
£250.53
Annual ground rent
£375
Reservation free
£500

1 bedroom flat

SHARED OWNERSHIP

Full market value - £370000

You pay (25%) - £92,500

Monthly Rent - £516.10

Monthly Service Charge - £250.53

Annual Ground Rent - £375

999 year lease commenced in January 2020 (995 years remaining)

EWS1 certification is available for this property - A1 rating

This apartment is situated in Popular Kidbrooke Village.  

Kidbrooke Station is a few mins walk from the apartment, offering a regular service to London Bridge (15 minutes), Victoria, Charing Cross, Waterloo East and Cannon Street plus links to Canary Wharf via the DLR (Lewisham).

Kidbrooke Village offers a newly opened on-site Sainsbury's, Starbucks, pharmacy, doctors, dentist, …

Features

Balcony

Central heating

Double Glazing

Lift access

Communal Garden

Bedrooms1
Bathrooms1
Reception rooms1
Floor area50
Number of floors1
Entrance floor2nd floor
Tenureleasehold
Lease years995
EER Current84
EER Potential84
EIR Current89
EIR Potential89
Key Information Document

from

£92,500

with min. deposit

£9,250

25% Share from
£92,500
Full market price
£370,000
Minimum deposit
£9,250
Monthly rent
£516
Monthly service charge
£250.53
Annual ground rent
£375
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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