Oval Court, 15 Headingley Drive, Beckenham, Kent, BR3 1BJ

Available for resale shared ownership, a first floor, two-bedroom apartment located in the convenient and residential area of Beckenham.

 

Property description:

The property comprises of; secure communal entrance with phone entry system, private front door, hallway, kitchen with in built oven and hob, open plan dining and reception room, large balcony, master bedroom, second double bedroom, and bathroom with shower over bath.

 

Additional information:

 

  • Allocated parking space
  • Utility cupboard, secure bike cage located in garage.

 

Length of Lease: Approx. 115 Years

Gross Internal Area: 65.6 SQ M

 

Local Area Information:

 •Located in the beautiful quiet leafy area of Beckenham.

•Just a short walk to the beautiful Beckenham Place Park.

• 15-minute walk from three train lines going into London Bridge, Blackfriars, Charing Cross, Kings Cross and Victoria (20 min into London)

• 5-minute walk from Worsley Bridge School.

• Short walk to the vibrant Beckenham High Street populated with trendy restaurants and coffee shops.

• Tram access direct to Croydon and Wimbledon.

 

FINANCIAL INFORMATION

Full Market Value: £350,000

50% Share: £175,000

Deposit: £17,500

Monthly Rent: £339.18 from 1st April 2021 *

Monthly service Charge: £234.80 from 1st April 2021 *

Monthly Mortgage Payment = £875 **

Household Income Required = £54,000 ***

 

*Please note the rent and service charge is reviewed annually on the 01 April.

** Based on a 90%, 25-year repayment mortgage with an interest rate at 4.5%.

***Is based on a 10% mortgage deposit.  If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced (approximately every 5% extra deposit reduces the salary required by £1,200).

 

Your home may be at risk if you do not keep up your mortgage and rent repayments.  Particulars give a fair overall description of the property and are not intended to constitute an offer or form part of any contract.  Areas, distances or measurements referred to are approximate.  For confirmation of property details refer to the terms of the lease and plans from your solicitor.  Hyde New Homes Resale properties are sold as seen, photographs and details (excluding financial information) are provided by the leaseholder.  Please note that the Resales Team have not visited this property.

Contact us now to arrange a viewing:

Please call the Sales Team on 0345 606 1221 and provide the following information:

Your Contact Number/Email

Your Hyde New Homes or Help to Buy reference number**

Your Deposit for the mortgage

If it is a Single/Joint application (if married it must be joint)

Your Current salary (single/Joint where applicable)

Do you have any children? If so, how many?

Do you own any pets? If so, what?

Are you a current homeowner?

**To obtain a Hyde New Homes Reference number, visit https://so.hydeform.co.uk/ to register and complete the online application.  A reference number will be emailed to you once the application is completed.  If you have a Help to Buy reference number, we will accept this as well.

 

 

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