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Forbury House

Shared ownership

Forbury House, 1 Lee Terrace, London, SE13 5DL

For sale
Shared ownership
Photo of Forbury House
Live from space album cover

from

£211,500

with min. deposit

£21,150

45% Share from
£211,500
Full market price
£470,000
Minimum deposit
£21,150
Monthly rent
£516
Monthly service charge
£235.7

1 bedroom flat

  • Entrance hall with double cupboard with space and plumbing for washing machine
  • Open plan living / dining room and kitchen with access onto south facing balcony
  • Fitted kitchen with a range of matching high gloss wall and base units with built in oven and hob, 1½ bowl stainless steel sink unit, integrated fridge/freezer
  • Good size double bedroom with fitted carpet
  • Bathroom comprising white suite with panelled bath having overhead shower attachment, wash basin, WC, shaver point
  • Gas central heating, flat remains warm in the winter as it gets sunshine for most of the day
  • Bike Storage
  • Lease term 125 years (less three days) from 26 September 2019
  • EPC …

Features

Balcony

Communal Garden

Bedrooms1
Bathrooms1
Reception rooms0
Furniture statusunfurnished
Number of floors1
Entrance floor3rd floor
Tenureleasehold
EER Current82
EER Potential82

from

£211,500

with min. deposit

£21,150

45% Share from
£211,500
Full market price
£470,000
Minimum deposit
£21,150
Monthly rent
£516
Monthly service charge
£235.7
Moat Homes

Moat Homes

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

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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