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Evan Cook Close- One Bed

Shared ownership

Evan Cook Cl, London, SE15 2HL

For sale
Shared ownership
Photo of Evan Cook Close- One Bed
Live from space album cover

from

£220,000

with min. deposit

£11,000

55% Share from
£220,000
Full market price
£400,000
Minimum deposit
£11,000
Monthly rent
£92
Reservation free
£139.73

1 bedroom flat

A-One bedroom, one bathroom spacious property situated in the heart of Peckham.

On the third floor of the building with lift access. It features a good-sized bedroom, a spacious living area with patio doors leading to the balcony, and a contemporary kitchen and bathroom.

Ideal location which is great for public transport, only a 3min short walk away from Queens Road Station (0.1 mile). Served by the London Overground and Southern train line.

Current owners comments

"I have absolutely loved living in Evan Cook Close. I will really miss the flat which I have put a lot of love into over the past years with carefully redecorating the flat and …

Features

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statuspart-furnished
Number of floors1
Entrance floor3rd floor
Tenureleasehold

from

£220,000

with min. deposit

£11,000

55% Share from
£220,000
Full market price
£400,000
Minimum deposit
£11,000
Monthly rent
£92
Reservation free
£139.73
SO Sales

SO Sales

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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