Footscray High Street, Sidcup, Kent, DA14 5HN

Available for resale shared ownership, a spacious and well-presented second floor, one-bedroom apartment situated in a popular residential area of Sidcup, Kent and close to amenities.

  

Property description:

The property comprises of a bright secure communal entrance with phone entry system, spacious hallway with generous storage cupboard, large open plan living/dining room area, modern fitted kitchen with inbuilt oven & hob, large double bedroom, bathroom with shower over bath, double glazing and recently laid carpet throughout.

 

The property also benefits from access to a well-maintained communal garden and allocated parking in a secure-gated underground car park.

 

Length of Lease: Approx. 995 Years

Council Tax Band: Bexley Council – C

Gross Internal Area: 56m2

 

LOCAL AREA INFORMATION

• Located five minutes from the A2 with Routes directly to London. Convenient access to several bus routes. Just over a mile away is Sidcup, Albany Park and St Mary Cray Stations.

• Short walking distance to local amenities. Sidcup itself offers a range of bars, cafes, gyms as well as a range of shops.

• Within close proximity of local primary/secondary schools.

• Nearby parks include Scadbury Park Nature Reserve and Footscray Meadows.

 

FINANCIAL INFORMATION

Property Value = £250,000

Percentage Share = 30%

Share Price = £75,000

Monthly Rent = £400.39 *

Monthly Service Charge = £82.03 *

Monthly Mortgage Payment = £375 **

Annual Household Income = £29,000 ***

 

*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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