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Schoolhouse Yard - Ground Floor

Shared ownership

Bloomfield Road, London, SE18 7JD

For sale
Photo of Schoolhouse Yard - Ground Floor
Photo of Schoolhouse Yard - Ground Floor
Photo of Schoolhouse Yard - Ground Floor
Photo of Schoolhouse Yard - Ground Floor
Photo of Schoolhouse Yard - Ground Floor
Photo of Schoolhouse Yard - Ground Floor
Photo of Schoolhouse Yard - Ground Floor
Photo of Schoolhouse Yard - Ground Floor
Photo of Schoolhouse Yard - Ground Floor
Live from space album cover

2 bedroom flat

The property located on the ground floor comprises:

  • Entrance: Hallway with two large cupboards and entry system leading to:
  • Living Room (3.1m x 3.2m): Spacious lounge with large windows, lots of natural light, leading to a modern open plan kitchen. Wooden flooring
  • Kitchen (5.3m x 3.1m): Modern white wall units with charcoal worktop and tiled back splash. Integrated stainless-steel gas hob, electric oven and extractor hood. Tiled black flooring
  • Bedroom One (3.5m x 4.2m): Double bedroom. Wool mix carpeted flooring
  • Bedroom Two (2.2m x 3.1m): Single bedroom. Wooden flooring
  • Bathroom (3.4m x 2.0m): White bathroom suite with chrome shower head, …

Features

Off street parking

Bedrooms2
Bathrooms1
Reception rooms1
Number of floors1
Entrance floorGround floor
Tenureleasehold

from

£140,000

with min. deposit

£14,000

40% Share from
£140,000
Full market price
£350,000
Minimum deposit
£14,000
Monthly rent
£436
Monthly service charge
£197.07
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

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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