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Flat 618 East Carriage House

Shared ownership

618 East Carriage House, Royal Arsenal, London, SE18 6GJ

Sale under offer
Shared ownership
Photo of Flat 618 East Carriage House
Live from space album cover

from

£83,750

with min. deposit

£4,188

25% Share from
£83,750
Full market price
£335,000
Minimum deposit
£4,188
Monthly rent
£260
Monthly service charge
£204.22

1 bedroom flat

This flat is located on the top floor (6th) of a modern London apartment block. The property comprised on an open planed living and dining area that opens out onto a huge balcony. The bedroom is a large size with plenty of storage space and there is a modern, newly tiled bathroom with a bath and shower. The kitchen comes with integrated appliances and modern finishes. This property also includes one allocates parking space.

Royal Carriage Mews is an excellent place to live. There are easy to reach shops and a day care just. round the corner from the building. Just a 5 minute walk around the corner is Woolwich Arsenal Station, this station …

Features

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area42.8
Number of floors1
Entrance floor6th floor
Tenureleasehold
Lease years111
EER Current87
EER Potential87
EIR Current94
EIR Potential94

from

£83,750

with min. deposit

£4,188

25% Share from
£83,750
Full market price
£335,000
Minimum deposit
£4,188
Monthly rent
£260
Monthly service charge
£204.22
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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