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Corio House (1)

Shared ownership

12 The Grange, London, SE1 3GU

For sale
Shared ownership
Photo of Corio House (1)
Live from space album cover

from

£165,000

with min. deposit

£8,250

30% Share from
£165,000
Full market price
£550,000
Minimum deposit
£8,250
Monthly rent
£547
Monthly service charge
£293.72

1 bedroom flat

Spacious one-bedroom third-floor apartment in gated development complete with a large courtyard. This large flat is in excellent condition and boasts an open plan kitchen-living space with a large balcony.

Excellent condition- large NE facing balcony, open plan kitchen/dining/living.

The apartment features a big balcony stretching the width of the flat. There are shared communal gardens with water features. 24 hour on site concierge.

Corio House is minutes from Bermondsey Street, one of London’s most desirable areas. A hub for the fashion, culinary and creative industries, Bermondsey Street is home to The White Cube Gallery, Casse Croûte, …

Features

Balcony

Central heating

Double Glazing

Lift access

Communal Garden

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statuspart-furnished
Number of floors1
Entrance floor3rd floor
Tenureleasehold

from

£165,000

with min. deposit

£8,250

30% Share from
£165,000
Full market price
£550,000
Minimum deposit
£8,250
Monthly rent
£547
Monthly service charge
£293.72
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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