keaze logo

Cottage Road

Shared ownership

3 Cottage Road, London, N7 8TP

For sale
Photo of Cottage Road
Photo of Cottage Road
Photo of Cottage Road
Photo of Cottage Road
Photo of Cottage Road
Photo of Cottage Road
Photo of Cottage Road
Photo of Cottage Road
Photo of Cottage Road
Live from space album cover

1 bedroom flat

A well-presented one bedroom apartment set within a modern purpose-built storey building. The accommodation comprises; one double bedroom, bathroom/WC, open plan kitchen/reception room with windows overlooking the courtyard and great views beyond. The building benefits from lifts serving all floors, entry phone system and gas central heating.

Gross internal area: 514sq.ft /47.8 sq.m
Lease Term: 85years (approx.)

Features

Bedrooms1
Bathrooms1
Reception rooms1
Number of floors1
Entrance floorGround floor
Tenureleasehold

from

£214,500

with min. deposit

£10,725

55% Share from
£214,500
Full market price
£390,000
Minimum deposit
£10,725
Monthly rent
£341
Monthly service charge
£143.34
Newlon

Newlon

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

Lea Court - GEN6
Shared ownership

Lea Court - GEN6

Lea Court, 143 broad lane, London

2

1

Minimum deposit

£15,600

40% Share from

£156,000

Full price

£390,000

Jas(NHHG11)
Shared ownership

Jas(NHHG11)

Juniper Drive, London

1

1

Minimum deposit

£15,600

40% Share from

£156,000

Full price

£390,000

Flat 24 Barquentine Heights
Shared ownership

Flat 24 Barquentine Heights

4 Peartree Way, Greenwich - Greenwich

1

1

Minimum deposit

£11,700

30% Share from

£117,000

Full price

£390,000