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Churchill Court, Rush Grove Street, Woolwich, London, SE18 5DN

Shared ownership

Churchill Court, London SE18 5DN, London, SE18 5DN

For sale
Shared ownership
Photo of Churchill Court, Rush Grove Street, Woolwich, London, SE18 5DN
Live from space album cover

from

£102,000

with min. deposit

£10,200

40% Share from
£102,000
Full market price
£255,000
Minimum deposit
£10,200
Monthly rent
£249
Monthly service charge
£117.22

2 bedroom flat

Set within a small private block this well presented two double bedroom apartment is ideally located for Woolwich town centre and within walking distance to Woolwich Arsenal and Woolwich Dockyard stations.  Located on the second floor, the property offers an open plan living/dining room and modern kitchen, two generous bedrooms and a contemporary family bathroom. The property also benefits from an allocated secure car parking space.  

For commuters there are a wide range of options into the City and Docklands via Woolwich Arsenal, for overground to London Bridge, Cannon Street and Charing Cross. Closer to home, the array of unique retailers, …

Features

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area62
Number of floors2
Entrance floor2nd floor
Tenureleasehold
Lease years109
EER Current73
EER Potential73
EIR Current66
EIR Potential66

from

£102,000

with min. deposit

£10,200

40% Share from
£102,000
Full market price
£255,000
Minimum deposit
£10,200
Monthly rent
£249
Monthly service charge
£117.22
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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