Embassy Court, Welling High Street, Welling, Kent, DA16 1AB

Available for resale shared ownership, a well presented, third (top) floor, two-bedroom apartment situated in a popular residential area of Welling, Kent.

  

Property description:

The property has been recently redecorated and comprises a bright secure communal entrance with phone entry system, lift access, spacious open plan living/dining room area with stunning views, modern fitted kitchen with inbuilt oven & hob, large double bedroom, second bedroom, family bathroom with shower over bath and large storage cupboard in hallway.

The property also benefits from access to a well-maintained communal garden, outdoor play area and allocated parking in a secure car park.

 

Length of Lease: Approx. 118 Years

Council Tax Band: Bexley Council Tax Band – C

Gross Internal Area: 65m2

 

LOCAL AREA INFORMATION

• Situated in a convenient area of Welling.

• Within walking distance to local shops, restaurants and amenities on Welling High Street.

• Welling Train Station is located 0.6 miles from the apartment and offers services to London Victoria, London Cannon Street and Dartford.

• The A2 is easily accessible providing a direct route into Central London and to the motorway network.

• The property is located within close proximity of local primary/secondary schools.

 

FINANCIAL INFORMATION

Property Value = £260,000

Percentage Share = 40%

Share Price = £104,000

Monthly Rent = £338.32 from 1st April 2021*

Monthly Service Charge = £184.45 from 1st April 2021 *

Monthly Mortgage Payment = £520 **

Annual Household Income = £37,000 ***

 

*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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