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%.

Moat at Forbury


Lee Terrace, Blackheath, St Albans City and, SE13 5DL

Shared ownership
1 bedroom homes
25% share from
£111,250
Full price
£445,000
Minimum deposit
£5,563
Monthly rent
£584
Monthly service charge
£150

Overview

Final apartments available!

Moat is pleased to release details of these 6 x one bedroom apartments located in Blackheath, Greenwich. 

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.


Plot availability

Plot number 5 Forbury House
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £111,250
Full market price £445,000
Monthly rent £584
Monthly service charge £150
  • Fully fitted Leicht Sirius range kitchen in mohair with stone oak laminate worktop and glass splashback.

  • Beko appliances, including single electric fan oven, ceramic hob and extractor hood, integrated fridge freezer and washer/dryer.

  • Fully fitted bathroom with thermostatic mixer tap, shower screen and chrome heated towel rail.

  • Carpet to bedrooms. Tarkett wood effect vinyl flooring to all remaining areas.

  • Private balcony.

  • Three year car club membership and £50 driving credit (see T&Cs)

  • Gas central heating.

  • 10 year Premier warranty.

Interior photography is of a previous Moat development.

Please note: Moat do not allow pets in apartments.

Priority will be given to people who live/work in Greenwich, Lewisham, Bexley, Bromley or Southwark. Please note that to be eligible your household income must not exceed £90,000.

Plot number 13 Forbury House
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £111,250
Full market price £445,000
Monthly rent £584
Monthly service charge £150
  • Fully fitted Leicht Sirius range kitchen in mohair with stone oak laminate worktop and glass splashback.

  • Beko appliances, including single electric fan oven, ceramic hob and extractor hood, integrated fridge freezer and washer/dryer.

  • Fully fitted bathroom with thermostatic mixer tap, shower screen and chrome heated towel rail.

  • Carpet to bedrooms. Tarkett wood effect vinyl flooring to all remaining areas.

  • Private balcony.

  • Three year car club membership and £50 driving credit (see T&Cs)

  • Gas central heating.

  • 10 year Premier warranty.

Interior photography is of a previous Moat development.

Please note: Moat do not allow pets in apartments.

Priority will be given to people who live/work in Greenwich, Lewisham, Bexley, Bromley or Southwark. Please note that to be eligible your household income must not exceed £90,000.

Plot number 18 Forbury House
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £113,750
Full market price £455,000
Monthly rent £597
Monthly service charge £141
  • Fully fitted Leicht Sirius range kitchen in mohair with stone oak laminate worktop and glass splashback.

  • Beko appliances, including single electric fan oven, ceramic hob and extractor hood, integrated fridge freezer and washer/dryer.

  • Fully fitted bathroom with thermostatic mixer tap, shower screen and chrome heated towel rail.

  • Carpet to bedrooms. Tarkett wood effect vinyl flooring to all remaining areas.

  • Private balcony.

  • Three year car club membership and £50 driving credit (see T&Cs)

  • Gas central heating.

  • 10 year Premier warranty.

Interior photography is of a previous Moat development.

Please note: Moat do not allow pets in apartments.

Priority will be given to people who live/work in Greenwich, Lewisham, Bexley, Bromley or Southwark. Please note that to be eligible your household income must not exceed £90,000.


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.

Housing Provider

Moat
Shared ownership
1 bedroom homes
25% share from
£111,250
Full price
£445,000
Minimum deposit
£5,563
Monthly rent
£584
Monthly service charge
£150