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Discovery House - One Bed

Shared ownership

Battersea, London, SW18 1UY

For sale
Shared ownership
Photo of Discovery House - One Bed
Live from space album cover

from

£172,375

with min. deposit

£17,238

35% Share from
£172,375
Full market price
£492,500
Minimum deposit
£17,238
Monthly rent
£767
Monthly service charge
£244

1 bedroom flat

Once you have registered your interest, you will receive an email to book your viewing.

Discovery House is a delightfully presented and modern one-bed, third floor apartment with underfloor heating, resident's gym, 24h concierge and communal garden, available just a stones throw from the River Thames in Wandsworth*. The lease remaining on the property is 123 years. The property is situated just moments from the famous River Thames with great transport links including Wandsworth Town Train Station, served by the National Rail just 0.4 miles away, and Clapham Junction Station just 0.7 miles away. Local buses serve the area with links to …

Features

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Entrance floor3rd floor
Tenureleasehold

from

£172,375

with min. deposit

£17,238

35% Share from
£172,375
Full market price
£492,500
Minimum deposit
£17,238
Monthly rent
£767
Monthly service charge
£244
Peabody

Peabody

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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