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Flat 67, Building 22, Cadogan Road, London, SE18 6YS

Shared ownership

Building 22, Cadogan Road, London, SE18 6YS

For sale
Shared ownership
Photo of Flat 67, Building 22, Cadogan Road, London, SE18 6YS
Live from space album cover

from

£120,000

with min. deposit

£6,000

30% Share from
£120,000
Full market price
£400,000
Minimum deposit
£6,000
Monthly rent
£764
Monthly service charge
£86.16

2 bedroom flat

This one of a kind property is a converted split level ground floor flat. 
As you walk into the property you will notice how big the property feels due to the large windows and open planned style of the property. The property has the perfect space for creating a dining and living area together, while still having plenty of room. The kitchen has a modern finish with newly tiled splash backs and an extractor fan. There are two double bedrooms, one being slightly larger, but both with plenty of space. 

 

Building 22 is located in a historic sought-after riverside development that was built back in . Royal Arsenal and is just a 7 minute walk to …

Features

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area62.5
Number of floors1
Entrance floorGround floor
Tenureleasehold
Lease years111
EER Current81
EER Potential81
EIR Current51
EIR Potential51

from

£120,000

with min. deposit

£6,000

30% Share from
£120,000
Full market price
£400,000
Minimum deposit
£6,000
Monthly rent
£764
Monthly service charge
£86.16
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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