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Clarson House

Shared ownership

81 Camberwell New Road, London, SE5 0AE

For sale
Shared ownership
Photo of Clarson House
Live from space album cover

from

£336,000

with min. deposit

£16,800

60% Share from
£336,000
Full market price
£560,000
Minimum deposit
£16,800
Monthly rent
£513
Monthly service charge
£200

2 bedroom flat

The property is located on the top floor (fifth floor) of a purpose-built development and is accessible by lift. This lovely home is light and airy throughout, with floor to ceiling windows. The master bedroom has a large built-in wardrobe, and the second bedroom is generously proportioned. There is a family sized bathroom, a spacious living space and a modern kitchen.The property also boasts a large winter garden balcony providing outdoor space and great views.

Clarson House benefits from being very close to local attractions and amenities such as Oval Farmer's Market and local Bistro Pubs such as the The Kennington, Fentiman Arms and The …

Features

Balcony

Double Glazing

Lift access

Terrace

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area74
Number of floors1
Entrance floor5th floor
Tenureleasehold

from

£336,000

with min. deposit

£16,800

60% Share from
£336,000
Full market price
£560,000
Minimum deposit
£16,800
Monthly rent
£513
Monthly service charge
£200
SO Sales

SO Sales

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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