FIRST time buyers with a love of history can now live in a converted Victorian police station - but it will cost you £400,000 for a one bed apartment.
St Ann's Place in Haringey, North London, used to be a police station but it's been taken on by developers who have turned it into a collection of 22 one, two and three bedroom apartments.
There are also five four-bedroom houses and prices start at £760,000.
Six of the apartments are available for shared ownership, although you'd need to be able to afford at least 40 per cent of the value of the property.
That means that if you're looking to buy one of the one-bed flats, you'll need at least £160,000 - although you will still be able to get a mortgage to help you out.
The architects have made sure that it still looks like the old station on the outside, keeping the arched windows, keystones and there's even a blue stone heritage plaque on the outside.
The flats are modern, according to the estates agents SiteSales Property Group, and are designed to maximise natural light.
The development is still being built so you can't have a look around just yet but it does sound pretty cool.
Some of the apartments will be available to buy with the government's Help to Buy scheme but details about which specific ones this will include won't be until spring.
The two-bed apartments have one en-suite and a balcony so you'll be able to get some outdoor space too.
Eloise Robins, Director at Site Sales Property Group, said: "This is a landmark development in an area that offers history, culture, excellent transport links and leisure activities and is sure to be popular with potential buyers."
How to get help buying a house
THERE are several government schemes available to help you get on the housing ladder.
- Help to Buy loan: This scheme is for those who have a 5 per cent deposit, and is only available on new-build properties that are worth less than £600,000. The government lends you up to 20 per cent of the property value (interest-free for the first five years) which gives you access to cheaper mortgages. You will need to pay this back at the end of the mortgage or when you sell.
- Starter Homes: First-time buyers under the age of 40 can access this new scheme. You’ll get a 20 per cent discount on the market value of the property (new-build only) but you cannot sell or let the property for five years after you buy it.
- Shared ownership: This scheme is available to non-homeowners who earn £80,000 a year or less (£90,000 in London). People can buy a share of a home from a housing association and continue to rent the remainder. Buyers will need a ten per cent deposit as well as money to cover stamp duty and other fees. You’ll also need to find a mortgage lender that is willing to lend on shared ownership properties
Living in a converted historical building gives you the best of both worlds - you get to live a part of the history but you also get the feel of a new build.
This Second World War control tower has been transformed into a stunning family home and had been put on the market for £1.25million.
Some houses are being raffled off in competitions, so effectively you could become the owner of a house for less than £100.
You could win this house via a competition and it's worth £2.3million - and it costs just £10.50 to enter.
There's another one for sale via a raffle for £600,000 a tickets only cost a fiver.
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