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Tonic@Bankhouse

Shared ownership

20 Albert Embankment, London, SE1 7FY

For salenew home
Shared ownership
Photo of Tonic@Bankhouse
Live from space album cover
  • from

    £133,750

    1 bedroom

  • from

    £193,750

    2 bedroom

from

£133,750

with min. deposit

£13,375

Tonic Housing

£133,750

1 bedroom flat

£135,000

1 bedroom flat

£136,250

1 bedroom flat

£138,750

1 bedroom flat

£193,750

2 bedroom flat

£195,000

2 bedroom flat

£195,000

2 bedroom flat

£196,250

2 bedroom flat

Availability

For sale

For sale

For sale

For sale

For sale

For sale

For sale

For sale

Minimum share

25%

25%

25%

25%

25%

25%

25%

25%

Full market price

£535,000

£540,000

£545,000

£555,000

£775,000

£780,000

£780,000

£785,000

Deposit from

£13,375

£13,500

£13,625

£13,875

£19,375

£19,500

£19,500

£19,625

Monthly rent

£611

£617

£623

£634

£886

£892

£892

£897

Monthly service charge

£286.95

£286.95

£286.95

£286.95

£286.95

£286.95

£286.95

£286.95

Annual ground rent

£0

£0

£0

£0

£0

£0

£0

£0

Reservation fee

£500

£500

£500

£500

£500

£500

£500

£500

Administration fee

£0

£0

£0

£0

£0

£0

£0

£0

Bedrooms

1

1

1

1

2

2

2

2

Bathrooms

1

1

1

1

1

1

1

1

Reception rooms

1

1

1

1

1

1

1

1

Furniture status

unfurnished

unfurnished

unfurnished

unfurnished

unfurnished

unfurnished

unfurnished

unfurnished

Floor area

55.52

55.52

55.52

55.52

70.59

70.59

70.17

70.17

Number of floors

1

1

1

1

1

1

1

1

Entrance floor

Higher than 9th floor

Higher than 9th floor

Higher than 9th floor

Higher than 9th floor

Higher than 9th floor

Higher than 9th floor

Higher than 9th floor

Higher than 9th floor

Tenure

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

Lease years

125

125

125

125

125

125

125

125

Property features

Central heatingDouble GlazingLift accessPets allowedWheelchair accessibleCommunal GardenTerrace
Central heatingDouble GlazingLift accessPets allowedWheelchair accessibleCommunal GardenTerrace
Central heatingDouble GlazingLift accessPets allowedWheelchair accessibleCommunal GardenTerrace
Central heatingDouble GlazingLift accessPets allowedWheelchair accessibleCommunal GardenTerrace
BalconyCentral heatingDouble GlazingLift accessPets allowedWheelchair accessibleCommunal GardenTerrace
BalconyCentral heatingDouble GlazingLift accessPets allowedWheelchair accessibleCommunal GardenTerrace
BalconyCentral heatingDouble GlazingLift accessPets allowedWheelchair accessibleCommunal GardenTerrace
BalconyCentral heatingDouble GlazingLift accessPets allowedWheelchair accessibleCommunal GardenTerrace

Overview

Tonic@Bankhouse is our very first retirement community, and we're thrilled that you're interested in moving in.

We don't say ‘community-led' lightly. You'll be at the very heart of what we do and we'll be there to facilitate the events and activities that you want to see, or just to have a cup of tea with. We were established in 2014 to address the need for specific housing and support provision for older LGBT+ people, as it did not exist in the UK - until now!

While providing high-quality accommodation is important for us, our main purpose is creating safe, social spaces where you can have fun, be yourself and have access to appropriate …

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

£133,750

with min. deposit

£13,375

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