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Maybrey Works

Shared ownership

Worsley Bridge Rd, London, SE26 5AZ

For salenew home
Shared ownership
Photo of Maybrey Works
Live from space album cover
  • from

    £114,375

    2 bedroom

  • from

    £

    3 bedroom

from

£115,000

with min. deposit

£5,750

Sage Housing

£203,625

2 bedroom flat

£114,375

2 bedroom flat

£129,375

2 bedroom flat

Availability

For sale

For sale

For sale

Minimum share

45%

25%

25%

Full market price

£452,500

£457,500

£517,500

Deposit from

£10,182

£5,719

£6,469

Monthly rent

£570

£786

£889

Monthly service charge

£139.43

£139.43

£163.71

Bedrooms

2

2

2

Bathrooms

1

1

1

Reception rooms

1

1

1

Furniture status

unfurnished

unfurnished

unfurnished

Number of floors

1

1

1

Entrance floor

1st floor

1st floor

2nd floor

Tenure

leasehold

leasehold

leasehold

Property features

-
BalconyDouble GlazingLift access
BalconyDouble GlazingLift access
EER Current848285
EIR Current929092

Overview

Time for fresh new beginnings! Finding a space of your own is within reach with our new 2 & 3 bedroom Shared Ownership apartments. If you reserve one of these new homes on the Maybrey Works development in Sydenham you will receive all these amazing incentives!

Contribution to your household bills for the first year And Your Legal fees paid*

Plus one of these:

Help with your moving costs ***

Housewarming voucher to spend****

Maybrey Works is a development of new homes in Sydenham, South London, close to local amenities and situated just a short walk from the nearest train station for travel to central London and the City.

Many apartments have …

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.

from

£115,000

with min. deposit

£5,750

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