keaze logo

Carronade Court

Shared ownership

Eden Grove, London, N7 8EP

For sale
Shared ownership
Photo of Carronade Court
Live from space album cover

from

£166,250

with min. deposit

£8,313

35% Share from
£166,250
Full market price
£475,000
Minimum deposit
£8,313
Monthly rent
£672
Monthly service charge
£397.94

2 bedroom flat

A well-presented two bedroom apartment set within a modern development. The accommodation comprises; open plan kitchen/reception room, two bedrooms, bathroom/WC, double-glazed windows and a Juliet balcony accessed via the reception room, affording a pleasant outlook over the courtyard area between Carronade Court and Buckler Court. The building benefits from lifts serving all floors, 24/7 concierge service, entry phone system, communal courtyards and bicycle storage areas.

Gross internal area: 651 sq.ft / 60.5 sqm
Lease Term: (Approx.) 84 years

 

Features

Bedrooms2
Bathrooms1
Reception rooms1
Number of floors1
Entrance floorGround floor
Tenureleasehold

from

£166,250

with min. deposit

£8,313

35% Share from
£166,250
Full market price
£475,000
Minimum deposit
£8,313
Monthly rent
£672
Monthly service charge
£397.94
Newlon

Newlon

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.

Similar properties

Maple Court
Shared ownership

Maple Court

Dalston Ln, London

1

1

Minimum deposit

£11,875

25% Share from

£118,750

Full price

£475,000

NEW(NHG14)
Shared ownership

NEW(NHG14)

New Road, London

2

1

Minimum deposit

£11,875

25% Share from

£118,750

Full price

£475,000

Hanover House(NHG633)
Shared ownership

Hanover House(NHG633)

St Georges Wharf, London

1

1

Minimum deposit

£23,750

50% Share from

£237,500

Full price

£475,000