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Flat 240, Building 22, Cadogan Road, London SE18 6YN

Shared ownership

Building 22, Cadogan Road, London, SE18 6YN

For sale
Shared ownership
Photo of Flat 240, Building 22, Cadogan Road, London SE18 6YN
Live from space album cover

from

£132,000

with min. deposit

£6,600

30% Share from
£132,000
Full market price
£440,000
Minimum deposit
£6,600
Monthly rent
£567
Monthly service charge
£126.16
Reservation free
£300

2 bedroom flat

This two bed property is found in a beautiful building constructed circa 1850 and then converted into flats in 2007. The property is a duplex flat. As you enter the property you see the open planned living and kitchen area, there is plenty of natural light that enters the flat through the large double windows. There are two modern bathrooms and two good sized bedrooms with plenty of room for storage. 

The building is located I Royal Arsenal and is just a 7 minute walk to Woolwich Arsenal Station that has connections on the Thameslink and Southeastern Rail, that have links in and out of London. There are plenty of shops, such as Lidl and …

Features

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area61.9
Number of floors1
Entrance floor2nd floor
Tenureleasehold
Lease years111
EER Current83
EER Potential83
EIR Current86
EIR Potential86

from

£132,000

with min. deposit

£6,600

30% Share from
£132,000
Full market price
£440,000
Minimum deposit
£6,600
Monthly rent
£567
Monthly service charge
£126.16
Reservation free
£300
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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