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The Wollaston Collection

Shared ownership

Tweedy Road, Bromley, BR1 3FN

Sale under offernew home
Shared ownership
Photo of The Wollaston Collection
Live from space album cover
  • from

    £154,000

    2 bedroom

from

£154,000

with min. deposit

£7,700

Redloft

£154,000

2 bedroom flat

Availability

Sale under offer

Minimum share

35%

Full market price

£440,000

Deposit from

£7,700

Monthly rent

£655

Monthly service charge

£135

Bedrooms

2

Bathrooms

1

Reception rooms

1

Furniture status

unfurnished

Floor area

70

Number of floors

1

Entrance floor

2nd floor

Tenure

leasehold

Lease years

990

Council Tax Band

D

Property features

Off street parking
EER Current83
EIR Current86

Overview

All Shared Ownership apartments are now reserved, please contact us should you wish to be added to the waiting list.

Plot 14/Flat 6 is located on the 2nd floor, is 70m2/584ft2 and comprises of 2 great-sized bedrooms with a built-in wardrobe to the master, ample storage, the main bathroom. Open-plan kitchen/living area and access to a private balcony. This property is available with 1 allocated parking space.

The Wollaston Collection is a development of 24 two-bedroom apartments offered through Shared Ownership, Private Sale with Help to Buy available, and London Living Rent. All apartments feature open-plan living areas, contemporary kitchens …

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

£154,000

with min. deposit

£7,700

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