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Eyot House 74140423

Shared ownership

Sun Passage, London, SE16 4BP

For sale
Shared ownership
Photo of Eyot House 74140423
Live from space album cover

from

£240,000

with min. deposit

£24,000

60% Share from
£240,000
Full market price
£400,000
Minimum deposit
£24,000
Monthly rent
£232
Monthly service charge
£166.23

1 bedroom flat

Available through our resale shared ownership scheme, a third floor, one-bedroom apartment in Bermondsey, London.

   

Property description:

The property comprises a wheelchair accessible communal entrance with entry system, lift access, open plan kitchen and reception, kitchen with integrated appliances, private balcony, one bedroom, bathroom with shower over bath and two hallway storage cupboards. 

 

Lease: Commenced 2010 with 125-year term

Council Tax Band: Southwark Council - D

Gross Internal Area: 490sq.ft.

 

LOCAL AREA INFORMATION

  • Convenient location close to Bermondsey station (0.3 miles) offering easy access to central London, Canary Wharf, …

Features

Balcony

Lift access

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area45
Number of floors1
Entrance floorGround floor
Tenureleasehold
Lease years125

from

£240,000

with min. deposit

£24,000

60% Share from
£240,000
Full market price
£400,000
Minimum deposit
£24,000
Monthly rent
£232
Monthly service charge
£166.23
Hyde New Homes

Hyde New Homes

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

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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