Available through a shared ownership resale scheme, a well presented fourth floor, one-bedroom apartment situated in a sought-after residential area of Bermondsey and close to amenities

 

Property description:

The property comprises of a bright secure communal entrance with a phone entry system and lift access, open plan living/dining room area leading out to a spacious balcony with stunning views, modern fitted kitchen with inbuilt oven and hob, master bedroom, family bathroom with shower over bath. The property also benefits from triple glazing throughout and generous storage space.

Additional information:

  • Permit required for parking
  • Balcony view of the Shard, London eye and Canary Wharf
     

Length of Lease: Approx. 115 Years
Gross Internal Area: 46m2

 

LOCAL AREA INFORMATION

• Situated on the popular Bermondsey Spa development.

• A five-minute walk to Bermondsey Underground Station with direct services to Canary Wharf, Stratford and West London.

• Within walking distance of the bustling Bermondsey Street, Maltby Street Market, Shad Thames, Butlers Wharf, Southwark Park.

• Easy access to a variety of shops, restaurants, bars and other amenities.

 

FINANCIAL INFORMATION

Property Value = £425,000

Percentage Share = 40%

Share Price = £170,000

Monthly Rent = £304.04

Monthly Service Charge = £86.66

Monthly Mortgage Payment = £850.00*

Household Income Required = £45,000

 

 

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

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:

Call 0345 606 1221 or email info@hydenewhomes.co.uk.  Please ensure you are registered and approved for shared ownership by completing our application at www.hydenewhomes.co.uk/apply.

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