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Flat 256, Building 50, Argyll Road, London, SE18 6PP

Shared ownership

London SE18 6PP, London, SE18 6PP

Sale under offer
Shared ownership
Photo of Flat 256, Building 50, Argyll Road, London, SE18 6PP
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from

£85,000

with min. deposit

£4,250

25% Share from
£85,000
Full market price
£340,000
Minimum deposit
£4,250
Monthly rent
£505
Monthly service charge
£80.81

1 bedroom flat

******PROPERTY IS UNDER OFFER ******

 

This marvellous property is situated in the heart of the Royal Arsenal adjacent to Woolwich Town Centre. The station is within a walking distance from Woolwich Arsenal Station! The property is also only a 7 minute walk to the brand new cross rail (Elizabeth line).

The apartment has a beautiful landscape; it comprises of a generous sized double bedroom. A well-designed high spec. open kitchen fitted with integrated appliances that was newly fitted a year ago. Both the kitchen and living areas have had new floorings fitted recently. A Spacious living room is full natural light during the day along with a …

Features

Balcony

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area47.7
Number of floors1
Entrance floor2nd floor
Tenureleasehold
Lease years82

from

£85,000

with min. deposit

£4,250

25% Share from
£85,000
Full market price
£340,000
Minimum deposit
£4,250
Monthly rent
£505
Monthly service charge
£80.81
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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