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%.

SO Resi Sydenham


Lower Sydenham, Sydenham, Lewisham, SE26 5BN

Shared ownership
2 bedroom homes
25% share from
£116,250
Full price
£465,000
Minimum deposit
£5,813
Monthly rent
£639
Monthly service charge
£153

Overview

SO Resi Sydenham - Only two bedroom apartment available

In the heart of Sydenham, an inviting collection of newly built two bedroom SO Resi apartments will be available at Dylon Works available through shared ownership.

With outstanding links to central London and a strong community sprit, characterful Sydenham is one of London’s last hidden gems and an ideal place to make a home. The stylishly spacious and light-filled homes, each with dedicated parking, are meticulously designed to help you make the most of your home life. Opening onto a beautiful central courtyard, they offer the perfect balance of indoor and outdoor space for relaxing and entertaining.

SO Resi Sydenham is just moments away from the entrance to Lower Sydenham station. So it’s just a 17-minute hop to London Bridge station, while the West End, City and Docklands are all within easy reach too.

Sydenham’s thriving community spirit has its roots in generations of tradition as a fashionable home for working Londoners. From team sports at the Bridge Leisure Centre to dance sessions at the Grape and Grain, it’s all about getting together, and everyone is welcome to join the fun.

Back at home, these inviting new apartments, most opening onto private outside areas, are grouped around an elegant green and landscaped space for all to enjoy. It’s the perfect spot for relaxing outdoors, just a few steps from your front door.

* Eligibility and income restrictions apply.
* Images are from SO Resi Sydenham

 


Local area information

In the heart of Sydenham, an inviting collection of newly built one and two bedroom SO Resi apartments available at Dylon Works through shared ownership. With outstanding links to central London and a strong community spirit, characterful Sydenham is one of London’s last hidden gems and an ideal place to make a home.


Plot availability

Plot number 11
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £125,000
Full market price £500
Monthly rent £688
Monthly service charge £173
Ownership Leasehold
Plot number 7
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £116,250
Full market price £465,000
Monthly rent £639
Monthly service charge £153
Ownership Leasehold
Plot number 10
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £127,500
Full market price £510,000
Monthly rent £701
Monthly service charge £160
Ownership Leasehold
Plot number 69
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 25%
Minimum share price £145,000
Full market price £580,000
Monthly rent £798
Monthly service charge £155

FAQ's

Min share price from: £125,000 for a 25% share
Full price from: £500
Minimum deposit from: £5,813
Monthly rent from: £688
Bedrooms: 2
Bathrooms: 2

There are 4 available ranging from £125,000 for a 25% share to £145,000 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.

It all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.

Housing Provider

SO Resi
Shared ownership
2 bedroom homes
25% share from
£116,250
Full price
£465,000
Minimum deposit
£5,813
Monthly rent
£639
Monthly service charge
£153