keaze logo

Clematis House

Shared ownership

Clematis House, London, E10 5GY

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

from

£120,000

with min. deposit

£12,000

40% Share from
£120,000
Full market price
£300,000
Minimum deposit
£12,000
Monthly rent
£342
Monthly service charge
£195.6
Annual ground rent
£100
Reservation free
£500

1 bedroom flat

SHARED OWNERSHIP

Full Market Value:  £ 300,000

Share Value (40%):  £ 120,000

Monthly Rent:         £ 342.44

Service Charge:      £ 195.60

Council Tax Band: B

125 year lease commenced March 2014 - 116 years remaining

EWS1 Certification is available for this property. 

The property is set in a fantastic location close to amenities and local green spaces and within walking distance of Leyton Midland Road Station and Leyton bus station making transport across London a pleasure.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of …

Features

Terrace

Bedrooms1
Bathrooms1
Reception rooms1
Floor area46.76
Number of floors1
Entrance floor3rd floor
Tenureleasehold
Lease years116
EER Current84
EER Potential84
EIR Current85
EIR Potential85

from

£120,000

with min. deposit

£12,000

40% Share from
£120,000
Full market price
£300,000
Minimum deposit
£12,000
Monthly rent
£342
Monthly service charge
£195.6
Annual ground rent
£100
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.

Similar properties

Clematis House
Shared ownership

Clematis House

Clematis House, London

1

1

Minimum deposit

£10,850

35% Share from

£108,500

Full price

£310,000

Clematis House
Shared ownership

Clematis House

Clematis House, London

2

2

Minimum deposit

£17,100

45% Share from

£171,000

Full price

£380,000

Goodwin Close 86131022
Shared ownership

Goodwin Close 86131022

Yalding Road, London

1

1

Minimum deposit

£15,000

50% Share from

£150,000

Full price

£300,000