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Louisa Close, Wetherell Road, London, E9 7BZ

Shared ownership

Louisa Close, Wetherell Road, London, E9 7BZ

Sale under offer
Shared ownership
Photo of Louisa Close, Wetherell Road, London, E9 7BZ
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from

£337,500

with min. deposit

£16,875

75% Share from
£337,500
Full market price
£450,000
Minimum deposit
£16,875
Monthly rent
£217
Monthly service charge
£108.22

2 bedroom flat

Complete Moves welcomes this lovely 2 bed flat to the market. The property features a large living area with double doors that open up to let in lots of natural light. The kitchen is a good size for a 2 bedroom flat in the area and has a generous amount of cupboard space. The double bedrooms are both of equal size and allow plenty of room for storage. The family bathroom has a modern finish and features a bath and shower. 

The property is in a private gated setting with a secured communal entrance. The property is just seconds away from Victoria park where you can enjoy a stroll and is the perfect place for picnics in the summer time.  As …

Features

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area63.4
Number of floors1
Entrance floor2nd floor
Tenureleasehold
Lease years79
EER Current84
EER Potential84
EIR Current82
EIR Potential82

from

£337,500

with min. deposit

£16,875

75% Share from
£337,500
Full market price
£450,000
Minimum deposit
£16,875
Monthly rent
£217
Monthly service charge
£108.22
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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