Shared ownership at Bridgestone House - Fourth Floor, Southwark, SE16 3UL

Bridgestone House - Fourth Floor

27 Blue Anchor Lane, Southwark, SE16 3UL

For sale
Shared ownership
Live from space album cover

Overview

Now available to view on Saturday 10 October (10am to 4pm). Once you have registered your interest, you will receive an email to book your viewing. Bridgestone House is a delightdful two-bedroom apartment located on the fourth floor of a six storey apartment block benefitting from two balconies and a communal play area. Available in Southwark, the lease remaining on the apartment is 122 years. Bridgestone House is well connected with Bermondsey Underground Station just 0.3 miles away as well as South Bermondsey Rail Station within easy walking distance. Local buses serve the area and the night buses link to Central London. The property i...

Features

Pets allowed

Bedrooms2
Bathrooms1
Reception rooms1
Number of floors1
Entrance floorGround floor
Tenureleasehold

Register interest

from £357,000

with min. deposit £35,700

70% Share from
£357,000
Full market price
£510,000
Minimum deposit
£35,700
Monthly rent
TBD
Monthly service charge
£161
Annual ground rent
TBD
Reservation free
TBD
Administration free
TBD

Peabody

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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