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Catalina Apartments

Shared ownership

Catalina Apartments, Deptford, London, SE8 3JQ

For sale
Shared ownership
Photo of Catalina Apartments
Live from space album cover

from

£155,000

with min. deposit

£15,500

25% Share from
£155,000
Full market price
£620,000
Minimum deposit
£15,500
Monthly rent
£683
Monthly service charge
£318.2
Annual ground rent
£1
Reservation free
£500

3 bedroom flat

SHARED OWNERSHIP

Full market value: £620,000

You pay (25%): £155,000

Monthly rent: £683.17

Monthly service charge: £318.20

Annual ground rent: £1 

250 Year lease commenced August 2017 - 244 years remaining

EWS1 Certification is available for this property. 

Deptford Landings and its surroundings come together to create a cosmopolitan community steeped in history and well connected to the rest of London. The development is situated next to Deptford Park offering 28 acres of green open space and less than five minutes' walk from the River Thames. With its wide variety of shops, popular, green open spaces, restaurants and leisure facilities, in …

Features

Balcony

Double Glazing

Communal Garden

Bedrooms3
Bathrooms2
Reception rooms1
Floor area96
Number of floors1
Entrance floor2nd floor
Tenureleasehold
Lease years244
EER Current86
EER Potential86
EIR Current94
EIR Potential94

from

£155,000

with min. deposit

£15,500

25% Share from
£155,000
Full market price
£620,000
Minimum deposit
£15,500
Monthly rent
£683
Monthly service charge
£318.2
Annual ground rent
£1
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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