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Fairway House

Shared ownership

Clyde Terrace, Lewisham, SE23 3EH

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

from

£110,000

with min. deposit

£5,500

25% Share from
£110,000
Full market price
£440,000
Minimum deposit
£5,500
Monthly rent
£874
Monthly service charge
£125.96

2 bedroom flat

This beautiful and relaxing two bedroom 2nd floor apartment finished to a high specification, located in a sought after area of Forest Hill.

The property is well maintained with 2 good sized bedrooms with an ensuite shower room off the main bedroom. Spacious lounge/kitchen and modern bathroom facilities. There is good security at the development with fob access control and CCTV.

Despite being so central it's very peaceful due to the property location at the back of the block and the windows are double glazed. There's also a lovely balcony which is great for having a coffee and breakfast outside in the summer mornings.

Door entry system

Lease - …

Features

Balcony

Double Glazing

Lift access

Bedrooms2
Bathrooms2
Reception rooms1
Furniture statusunfurnished
Floor area74
Number of floors1
Entrance floor2nd floor
Tenureleasehold

from

£110,000

with min. deposit

£5,500

25% Share from
£110,000
Full market price
£440,000
Minimum deposit
£5,500
Monthly rent
£874
Monthly service charge
£125.96
Hexagon

Hexagon

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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