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Greenwich Millennium Village Phase 3

Shared ownership

Hearn House, SE10 0LU

For salenew home
Shared ownership
Photo of Greenwich Millennium Village Phase 3
Live from space album cover
  • from

    £175,000

    2 bedroom

from

£175,000

with min. deposit

£8,750

One Housing

£175,000

2 bedroom flat

£188,125

2 bedroom flat

£190,750

2 bedroom flat

Availability

For sale

For sale

For sale

Minimum share

35%

35%

35%

Full market price

£500,000

£537,500

£545,000

Deposit from

£8,750

£9,407

£9,538

Monthly rent

£745

£801

£812

Monthly service charge

£153

£174

£190

Reservation fee

£500

£500

£500

Bedrooms

2

2

2

Bathrooms

1

1

2

Reception rooms

1

1

1

Furniture status

unfurnished

unfurnished

unfurnished

Floor area

61.6

70.6

79

Number of floors

1

1

1

Entrance floor

2nd floor

5th floor

Ground floor

Tenure

leasehold

leasehold

leasehold

Lease years

999

999

999

Property features

BalconyDouble GlazingLift accessTerrace
BalconyDouble GlazingLift accessTerrace
Double GlazingPatio

Overview

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.

from

£175,000

with min. deposit

£8,750

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