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FLAT 10 Almond Court, Woodmill Road, Clapton, London, E5 9GA

Shared ownership

FLAT 10 Almond Court, Woodmill Road, London, E5 9GA

Sale under offer
Shared ownership
Photo of FLAT 10 Almond Court, Woodmill Road, Clapton, London, E5 9GA
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from

£214,500

with min. deposit

£10,725

65% Share from
£214,500
Full market price
£330,000
Minimum deposit
£10,725
Monthly rent
£283
Monthly service charge
£111.63

1 bedroom flat

This one bed flat is found on the second floor of a newly built block. The property's large windows allow lots of natural light into the living spaces and the bedroom. The kitchen is a good size with a built in oven and modern tiles to finish. You will find a large bedroom with plenty of space for storage and a lovely modern bathroom that has a shower and bath.

The property is located in a perfect area just outside the City of London. Clapton station is just a 8 minute walk with connections on the overground trains straight into the City. Close by you will find plenty of pubs, restaurants and supermarkets to choose from. The lovely Princess …

Features

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area48.4
Number of floors1
Entrance floor2nd floor
Tenureleasehold
Lease years110
EER Current86
EER Potential86
EIR Current86
EIR Potential86

from

£214,500

with min. deposit

£10,725

65% Share from
£214,500
Full market price
£330,000
Minimum deposit
£10,725
Monthly rent
£283
Monthly service charge
£111.63
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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