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Willow House - Lewisham

Shared ownership

London SE4 2FJ, London, SE4 2FJ

For sale
Shared ownership
Photo of Willow House - Lewisham
Live from space album cover

from

£148,750

with min. deposit

£14,875

35% Share from
£148,750
Full market price
£425,000
Minimum deposit
£14,875
Monthly rent
£503
Monthly service charge
£166

2 bedroom flat

Once you have registered your interest, you will receive an email with a link to book your viewing.

The Willow House is a two-bedroom apartment located on the first floor of a three-storey building. It comprises residential units as well as ground level commercial premises. The lease remaining on the property is 116 years.

There are good transport links with Brockley Station, 0.3 miles away. Local buses serve the area and provide links to Central London.

Local amenities are located 0,3 miles away along Mantle Road and Brockley Cross. For leisure and enjoyment, Shops, Bars and Restaurants are along Brockley Cross Road.

  • Nearest Station: Brockley …

Features

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Entrance floor1st floor
Tenureleasehold
Lease years116

from

£148,750

with min. deposit

£14,875

35% Share from
£148,750
Full market price
£425,000
Minimum deposit
£14,875
Monthly rent
£503
Monthly service charge
£166
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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