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)

Kilby Court, 2 bed homes


Kilby Court, Greenwich, Greenwich, SE10 0PR

Shared ownership

Starting prices

40% share from
£196,000
Full price
£490,000
Minimum deposit
£24,500
Monthly rent
£493
Monthly service charge
£397

Overview

Moat is pleased to present to the market this well presented two bedroom duplex maisonette built around 2004, situated of a quiet pedestrianised road. The property offers bright living space with floor-to-ceiling windows, patio doors leading to a private rear terrace. 

Ground Floor

Entrance Hall with stairs leading to first floor
Large open plan lounge providing access to rear garden
Modern fitted kitchen with mixture of wall mounted and base units, integrated overn/hob with extractor hood
Ground floor cloakroom/wc

First Floor

Good sized master bedroom
Second double bedroom
Modern family bathroom/wc

Additional features

Rear patio garden
Communal Garden
24 hour security and concierge service
Allocated parking
Lease date: 125 years from 01.01.2004 
EPC rating: C (73)


Local area information

Greenwich Millennium Village has an Offsted rated 'outstanding' primary school, doctors surgery and number of convenient shops. Surrounded by green open spaces, an ecology park and bordered by the river. The O2 Arena offers a large range of restuarants, bars and entertainment. North Greenwich Station is 0.7 miles away with links to Canary Wharf and other Central London destinations. Other transport links include local bus services very close by, along with Thames clipper and cable car service.


Plot availability

Plot number 1
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 40%
Minimum share price £196,000
Full market price £490,000
Monthly rent £471
Monthly service charge £405

Ground Floor

  • Entrance Hall with stairs leading to first floor
  • Large open plan lounge providing access to rear garden
  • Modern fitted kitchen with mixture of wall mounted and base units, integrated overn/hob with extractor hood
  • Ground floor cloakroom/wc

First Floor

  • Good sized master bedroom
  • Second double bedroom
  • Modern family bathroom/wc

Additional features

  • Rear patio garden
  • Communal Garden
  • 24 hour security and concierge service
  • Allocated parking
  • Lease date: 125 years from 01.01.2004 
  • EPC rating: C (73)

FAQ's

Min share price from: £196,000 for a 40% share
Full price from: £490,000
Minimum deposit from: £24,500
Monthly rent from: £471
Bedrooms: 2
Bathrooms: 1

There is only one available priced at £196,000 for a 40% 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.

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

40% share from
£196,000
Full price
£490,000
Minimum deposit
£24,500
Monthly rent
£493
Monthly service charge
£397