National Rail Woolwich Arsenal Railway Station – (0.2 mile 5 minutes by walking)...
One bedroom ninth floor flat, in the Royal Borough of Greenwich, available to buy through Shared Ownership. Full market value £375,000, 25% share available, share price £93,750.
Full Market Price: £375,000
Share Percentage: 25%
Equity Price: £93,750
Minimum Income: £40,150
Monthly Mortgage**: £474.18
Monthly Rent: £471.12
Other Housing Association Service Charge*: £155.46
Notting Hill Administration Fee: £13.50
Council Tax: £110.33
Estimated Total (per month): £1,114.26 (Excluding Council Tax)
*Service Charge payable to Rendell & Rittner Ltd
**Estimate: The monthly mortgage is based on an interest rate of 4.99 % with a capital and interest repayment over 25 years. It is based on a 90% mortgage. The rent may increase each year, the increase calculation will be specified in the lease.
Communal entrance hall and passenger lift
Bedroom, Bathroom with WC, Hallway, Reception with open plan kitchen
51 square metres as per RICS valuation
Length of lease
You can read more on the Help to Buy FAQ
Read more about eligibility in the FAQ