Available through our resale shared ownership scheme, a fourth floor, one-bedroom apartment in Kent. 

  

Property description:

The property comprises a communal/wheelchair accessible entrance, entry system, lift access, 

kitchen with standalone appliances, dining/living area, one bedroom, family bathroom with shower over bath and hallway storage cupboard. 

The property also benefits from a balcony and access to a courtyard. 

Lease: Commenced 2015 with 125-year term

Council Tax Band: Bromley Council – C

Approx. Gross Internal Area: 543sq.ft.

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 = £265,000

Percentage Share = 25%

Share Price = £66,250

*Monthly Rent = £512.39

*Monthly Service Charge = £298.10

**Monthly Mortgage Payment = £339.00

***Annual Household Income = £40,000

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

** Based on a 90%, 30-year repayment mortgage with an interest rate at 5.5%.

***Is based on a 10% mortgage deposit. If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced. 

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.

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