Shared Ownership (help to buy) 1 Bedroom Flat for sale in Chelsea
A splendid 1 bedroom Flat is available for sale in Chelsea with the Help to Buy Scheme (shared ownership).
The property included a spacious bathroom (fully tiled), open plan kitchen and spacious double bedroom.
From the living room, you will cherish the balcony with views over the communal gardens.
This 1 bedroom flat is available in the modern development that of Woods House, moments from Sloane Square and Victoria.
Situated in a residential area but with easy access to the transport links of Sloane Square and Victoria, the residents will charish the peaceful area, without the noise and frenetic activity associated with living in the city.
With high-quality accommodation and a range of unit sizes available, Woods House will attract private, foreign and corporate tenants alike. Round the clock concierge service, security, as well as a superbly appointed Gym and Spa, will ensure the highest standards of living for the residents.
The 1 Bedroom Flat for sale is located in Chelsea. Throughout the year there are always fantastic things to do and places to see. People are drawn to Chelsea for so many reasons, the parks, the stunning architecture, top schools and fantastic shops, Chelsea is like no other, it really is an exceptional place to live.
Knightsbridge and Belgravia are also within walking distance. Centrally located, the areas are home to many of the capital’s finest shops, art galleries, restaurants, and hotels. Knightsbridge offers its world-famous flagship shops. Harrods and Harvey Nichols, where all major designers are represented. Many designers also have their own flagship stores on Sloane Street, as well as nearby Walton Street and Beauchamp Place, all of which offer an ample selection of stylish boutiques.
For household goods, Peter Jones on Sloane Square is an institution on which locals rely. Lying next to Knightsbridge is Belgravia. Formed of magnificent stucco-fronted houses surrounding desirable garden squares such as Belgrave Square, Eaton Square and Chester Square. Close by are exclusive retail streets like Elizabeth Street, Pimlico Road and Motcombe Street. Both Knightsbridge and Belgravia lie south of Hyde Park, famous for its Serpentine Lake and offering an abundance of green space for relaxation, sport and events. With the historical charm, cosmopolitan atmosphere and accessibility of Knightsbridge and Belgravia, these two areas will undoubtedly continue to provide some of the most memorable experiences to all that choose to reside, visit and explore.
What’s shared ownership?
Shared ownership properties are sold through housing associations. You buy a stake of between 25% and 75% of the property, using a deposit and a mortgage.
You then pay rent on the remaining share, which belongs to the local housing association.
For example, if you owned a 25% share of a £600,000 property – £150,000- the housing association would charge rent on the share that it owns.
The Help to Buy Scheme is the perfect solution for first-time buyers to jump on the property ladders. With time, owners can also buy shares time to time to get the full ownership of this 1 bedroom flat.