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East Carriage House, Royal Carriage Mews, Woolwich, London, SE18 6GJ

Shared ownership

East Carriage House, Royal Carriage Mews, Woolwich, SE18 6GJ

For sale
Shared ownership
Photo of East Carriage House, Royal Carriage Mews, Woolwich, London, SE18 6GJ
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from

£192,000

with min. deposit

£9,600

60% Share from
£192,000
Full market price
£320,000
Minimum deposit
£9,600
Monthly rent
£128
Monthly service charge
£201.37
Reservation free
£300

1 bedroom flat

This large apartment is found on the 6th floor and comprises of a living/kitchen area that opens onto a big beautiful balcony that looks out onto East Carriage gardens. There is a double bedroom modern bathroom. The kitchen is fitted with modern appliances included a built in oven, stove and splash back.

The local area is perfect for any first time buyer or new family. There is a vast range of food shops, restaurants, bars and even a farmers market very close by and also a children's nursery in close proximity of the apartment. 
Woolwich Arsenal train station is just a 9 minute walk from East Carriage House with connections into Central …

Features

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area42.9
Number of floors1
Entrance floor6th floor
Tenureleasehold
Lease years112
EER Current76
EER Potential76
EIR Current69
EIR Potential69

from

£192,000

with min. deposit

£9,600

60% Share from
£192,000
Full market price
£320,000
Minimum deposit
£9,600
Monthly rent
£128
Monthly service charge
£201.37
Reservation free
£300
Complete Moves

Complete Moves

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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