Available through our resale shared ownership scheme, a fourth floor, one-bedroom apartment situated in Orpington High Street.

  

Property description:

The property comprises a communal entrance, open plan kitchen and reception, fitted kitchen with integrated appliances, double bedroom, family bathroom with shower over bath, balcony space, double glazing throughout and generous storage space.

 

Length of Lease: Approx. 117 Years

Council Tax Band: Bromley Council Tax Band – C

Gross Internal Area: 50m2

 

LOCAL AREA INFORMATION

  • Situated in vibrant and convenient area of Orpington in South East London
  • Easy access to local amenities along with excellent travel connections to central London within walking distance. Located above the Village Hall on the High Street, extremely close proximity to all shops, local schools, bus routes and Orpington mainline station.
  • Orpington town centre is undergoing major redevelopment and now boasts a recently opened 7-screen multiplex cinema, new bistros and restaurants alongside a bustling High Street with lots of well known, popular stores.

 

FINANCIAL INFORMATION

Property Value = £275,000

Percentage Share = 25%

Share Price = £68,750

*Monthly Rent = £420.21

*Monthly Service Charge = £240.46

**Monthly Mortgage Payment = £344

***Annual Household Income = £35,000

 

*Please note the rent and service charge is reviewed annually 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 an 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. 

Read more...