Shared Ownership Resale is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
Share 25% / Full price £320,000 / Min deposit £8,000
Shared Ownership Resale
Shared Ownership Resale is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
Shared Ownership Resale
Shared Ownership Resale is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
Modern 1-bedroom apartment with quick access to transport links, local amenities and green spaces in Abbey Wood SE2
Eligibility
You may be eligible for this property if you meet the following criteria: you must be at least 18 years old. Your annual household income must be less than £80,000. You are unable to purchase a suitable home to meet your housing needs on the open market. You should generally be a first-time buyer. If you already own a property, you must be in the process of selling or have already sold it before you can apply. Please note that applicants will be expected to purchase the maximum share that is sustainable for them.
Description
Property reference number: RES-1639840
Located on the first floor of the contemporary Crane Court, this stylish one-bedroom apartment offers a perfect combination of comfort and convenience. Designed with modern living in mind, the property features floor-to-ceiling windows that flood the interiors with natural light, underfloor heating throughout, and a private balcony perfect for enjoying morning coffee or evening relaxation.
The open-plan kitchen and living area is equipped with high-quality integrated appliances, including a Zanussi dishwasher and fridge freezer, Bosch electric hob, and washing machine. The bedroom is well-proportioned and the bathroom is sleek and modern. Additional benefits include secure bike storage and access to a well-maintained communal garden
Perfectly positioned just a 10-minute walk from Abbey Wood Station, residents enjoy fast and frequent connections via the Elizabeth Line, Thameslink, and Southeastern services.
The surrounding area offers a great mix of green space and local amenities. Southmere Park is just moments away, while also nearby are a LIDL, Sainsbury’s, and Thamesmead Gym.
Key features - Open plan living - Integrated kitchen appliances - Communal heating system - Communal garden - Private balcony - Secure bike storage - Underfloor heating
Financial information Tenure: Leasehold Remaining lease term: 994 years Annual ground rent amount: £0 Ground rent review period: Annually Annual service charge amount: £2,275.32 Service charge review period: Annually Council tax band: B
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to and from, and you can specify the maximum time of the commute and by which transport method.
The information displayed about this property comprises a property advertisement. Share to Buy Ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.
This calculator gives an estimate on the total monthly cost of mortgage, rent and service charge whenever applicable
£80,000
Shared Ownership Resale
Full price £320,000
Estimated monthly cost£1,203
Rent£616
Service charge£190
Mortgage£397
Calculated using a representative rate of 4.42%
Share
Deposit
£
How is this calculated?
How is this calculated?
Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
Service Charge: Covers maintenance and repairs for communal areas within your development.
Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
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