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Brook Court, Green Pond Road, Walthamstow, London, E17 6EB

Shared ownership

Brook Court, Green Pond Road, London, E17 6EB

For sale
Shared ownership
Photo of Brook Court, Green Pond Road, Walthamstow, London, E17 6EB
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from

£80,000

with min. deposit

£4,000

25% Share from
£80,000
Full market price
£320,000
Minimum deposit
£4,000
Monthly rent
£281
Monthly service charge
£112.95

2 bedroom flat

This brilliant 2 bedroom flat has just come on the market. The property is a great size with a large double bedroom that has plenty of room and storage space. The second bedroom is smaller but could be used as a guest room or created into a lovely work space. The kitchen has a modern finish and plenty of work top space. The kitchen also includes integrated appliances such as an extractor fan. The living area has two large windows that let plenty of natural light in. There is a good space for a dining are and lounge.

 

The location on the property is perfect for a first time buyer looking to live near London or commute into the City. Just a …

Features

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area51.7
Number of floors1
Entrance floor2nd floor
Tenureleasehold
Lease years72

from

£80,000

with min. deposit

£4,000

25% Share from
£80,000
Full market price
£320,000
Minimum deposit
£4,000
Monthly rent
£281
Monthly service charge
£112.95
Complete Moves

Complete Moves

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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