Effra Parade - Lambeth
Effra Parade, London, SW2 1PF
from
£171,500
with min. deposit
£17,150
2 bedroom flat
Once you have registered your interest, you will receive an email to book your viewing.
The Effra Parade property is a two bedroom, second floor apartment, with an approximate size of 68 sq. m situated in a block of flats built in 2007. It benefits from a communal courtyard. The lease remaining on the property is 109 years.
Features
Communal Garden
| Bedrooms | 2 |
| Bathrooms | 1 |
| Reception rooms | 1 |
| Furniture status | unfurnished |
| Number of floors | 1 |
| Entrance floor | 2nd floor |
| Tenure | leasehold |
| Lease years | 109 |
from
£171,500
with min. deposit
£17,150
Peabody
FAQs
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
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