Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

Read more about Shared ownership (Opens in new window)

Bellville House, 2 bed homes


Norman Road, Greenwich, Greenwich, SE10 9FX

Shared ownership

Starting prices

25% share from
£118,750
Full price
£475,000
Minimum deposit
£5,938
Monthly rent
£854
Monthly service charge
£253

Overview

Moat is pleased to present this modern two bedroom apartment located in the Royal Borough of Greenwich. 

  • Entrance hall
  • Large open plan lounge/dining area with access to private balcony via double glazed doors
  • Modern fully fitted kitchen with wall mounted and base units, and integrated appliances
  • Master bedroom, floor to ceiling window units, with en-suite bathroom
  • Second bedroom, floor to ceiling window units
  • Fully fitted bathroom with benefit of thermostatic controlled overhead shower and screen
  • Video Entry phone
  • Lifts to all floors
  • Communal District heating system
  • Pre Wired Sky plus
  • Lease date: 125 years from 18.07.2014
  • EPC rating: B (84)

Please note that pets will not be permitted in apartments.


Local area information

Greenwich has a collection of independent shops, restaurants, pubs and bustling local markets which offers everything from fashion to jewellery.

Greenwich Market is overflowing with stalls and shops run by artists, designers and food producers. Greenwich Main line and DLR station is 0.2 miles from the apartment with links to Central London, and DLR links to Stratford. There is convenient access to A206 which links to the A2. The O2 arena is 2.6 miles away, accessible by both car and public transport.


Plot availability

Plot number Flat 70
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £118,750
Full market price £475,000
Monthly rent £854
Monthly service charge £253
Ownership Leasehold
  • Entrance hall
  • Large open plan lounge/dining area with access to private balcony via double glazed doors
  • Modern fully fitted kitchen with wall mounted and base units, and integrated appliances
  • Master bedroom, floor to ceiling window units, with en-suite bathroom
  • Second bedroom, floor to ceiling window units
  • Fully fitted bathroom with benefit of thermostatic controlled overhead shower and screen
  • Video Entry phone
  • Lifts to all floors
  • Communal District heating system
  • Pre Wired Sky plus
  • Lease date: 125 years from 18.07.2014
  • EPC rating: B (84)
  • Please note that pets will not be permitted in apartments
Energy Efficiency Rating
Current
Potential
Very energy efficient - lower running costs
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
84
84
Not energy efficient - higher running costs
Environmental Impact (CO2) Rating
Current
Potential
Very environmental friendly - lower CO2 emissions
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
92
92
Not environmental friendly - higher CO2 emissions
Plot number 1
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £125,000
Full market price £500,000
Monthly rent £823
Monthly service charge £258
  • Entrance hall
  • Large open plan lounge/dining area with access to private balcony via double glazed doors
  • Modern fully fitted kitchen with wall mounted and base units, and integrated appliances
  • Master bedroom, floor to ceiling window units, with en-suite bathroom
  • Second bedroom, floor to ceiling window units
  • Fully fitted bathroom with benefit of thermostatic controlled overhead shower and screen
  • Video Entry phone
  • Lifts to all floors
  • Communal District heating system
  • Pre Wired Sky plus
  • Lease date: 125 years from 18.07.2014
  • EPC rating: B (84)

Please note that pets will not be permitted in apartments


FAQ's

Min share price from: £118,750 for a 25% share
Full price from: £475,000
Minimum deposit from: £5,938
Monthly rent from: £854
Bedrooms: 2
Bathrooms: 2

There are 2 available ranging from £118,750 for a 25% share to £125,000 for a 25% share.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

No, but it all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.

Housing Provider

Moat
Shared ownership

Starting prices

25% share from
£118,750
Full price
£475,000
Minimum deposit
£5,938
Monthly rent
£854
Monthly service charge
£253