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River Heights - 1 bed

Shared ownership

River Heights 90 High Street Newham, E15 2GQ

For sale
Shared ownership
Lounge (3).jpg
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from

£177,500

with min. deposit

£17,750

50% Share from
£177,500
Full market price
£355,000
Minimum deposit
£17,750
Monthly rent
£432
Monthly service charge
£185.13
Reservation free
£0
Administration free
£0

1 bedroom flat

Features

Central heating

Terrace

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area55.52
Number of floors1
Entrance floor5th floor
Tenurefreehold
EER Current0
EER Potential0

from

£177,500

with min. deposit

£17,750

50% Share from
£177,500
Full market price
£355,000
Minimum deposit
£17,750
Monthly rent
£432
Monthly service charge
£185.13
Reservation free
£0
Administration free
£0
Peabody

Peabody

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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