Moat at Forbury

1 bedroom homes in Lee Terrace, Blackheath, St Albans City and, SE13 5DL

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £111,250 for 25% share
Full price from £445,000
Min deposit from £5,563
Monthly rent from £584
Service charge from £150
Bedrooms 1
Bathrooms 1
Pets No

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Overview

Final apartments available!

Moat is pleased to release details of these 6 x one bedroom apartments located in Blackheath, Greenwich. These homes are coming in 2019 through Moat’s shared ownership scheme.

Each home will be completed to the highest standard and comes complete with a private balcony and an excellent specification.

Interior photography is of a previous Moat development.

 

Local area information

These beautiful apartments positioned on the outskirts of London in the historic town of Blackheath. One of London’s last remaining villages but with great transport links to London and Kent makes this an ideal place to call home.

Blackheath train station is a short walk away that provides access to central London stations, as well as a short commute towards Kent. London Bridge can be reached by train within 14 minutes and Charing Cross within 25 minutes. There are also two bus stops; one opposite the Forbury and one just down the road next to the church that provides routes into Blackheath high-street as well as Lewisham.

Blackheath village has a thriving local high-street with a variety of independent shops, cafes and eateries and even a weekly farmers’ market. There is a collection of lovely pubs and bars, notably The Hare & Bullet that offers a range of craft beers and high quality food. There are a few local supermarkets including Sainsbury’s, Londis and Costcutter.

Blackheath is fortunate to be located close to lots of open spaces and parks. Greenwich Park is ideal for morning runs, sporting activities and summer picnics. The heath also hosts a number of exciting events including- a visiting funfair, fireworks display, annual music festival as well as being the starting point of the world-class London Marathon.

Status Plot No. Floor Beds Min share price Eligibility
Available 5 Forbury House First 1 £111,250 View details
Available 6 Forbury House First 1 £111,250 View details
Available 13 Forbury House Second 1 £111,250 View details
Available 5 First 1 £111,250 View details
Available 6 First 1 £111,250 View details
Available 13 Second 1 £111,250 View details
Available 18 Forbury House Third 1 £113,750 View details
Available 10 Forbury House Third 1 £113,750 View details
Available 19 Third 1 £113,750 View details
Reserved 12 Forbury House Second 1 £115,000 View details
View More

FAQ's

Min share price from: £111,250 for a 25% share
Full price from: £445,000
Minimum deposit from: £5,563
Monthly rent from: £584
Bedrooms: 1
Bathrooms: 1

There are 9 available ranging from £111,250 for a 25% share to £113,750 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.
Illustration by: James Halsall

Check eligibility

Check your eligibility against the cheapest plot at this development. Alternatively, qualify yourself against your preferred plot listed on the ‘Availability’ table.

Moat at Forbury

1 bedroom homes in Lee Terrace, Blackheath, St Albans City and, SE13 5DL

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £111,250 for 25% share
Full price from £445,000
Min deposit from £5,563
Monthly rent from £584
Service charge from £150
Bedrooms 1
Bathrooms 1
Pets No

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Location

Housing Provider

Trusted by

Southern Complete Moves Mayor or London National Housing Federation Moat Homes