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Gladstone Houe

Shared ownership

31 Dowells Street, London, SE10 9FF

For sale
Shared ownership
Photo of Gladstone Houe
Live from space album cover

from

£159,000

with min. deposit

£15,900

30% Share from
£159,000
Full market price
£530,000
Minimum deposit
£15,900
Monthly rent
£575
Monthly service charge
£210.71
Annual ground rent
£0
Reservation free
£0
Administration free
£500

2 bedroom flat

This corner apartment offers ample living space over a generous size lounge with a partial river view from the sitting area, there are windows on two adjacent walls that allow natural light to flood the living space with warmth and brightness, it comprises a modern fitted kitchen, two double bedrooms with east facing windows, bathroom with shower over bath and hallway storage. 

 

This property also benefits from access to allocated parking in a secure, gated car park below the building.

 

EWS1 available for lending 

Length of Lease: Approx. 116 Years

Council Tax Band: Greenwich Council - D

Gross Internal Area: 68.9m2

 

FINANCIAL INFORMATION

Property …

Features

Double Glazing

Underground parking

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area68.9
Number of floors1
Entrance floorGround floor
Tenureleasehold
Lease years116
EER Current83
EER Potential83

from

£159,000

with min. deposit

£15,900

30% Share from
£159,000
Full market price
£530,000
Minimum deposit
£15,900
Monthly rent
£575
Monthly service charge
£210.71
Annual ground rent
£0
Reservation free
£0
Administration free
£500
Hyde New Homes

Hyde New 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

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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