Available through our resale shared ownership scheme, a ground floor, two-bedroom apartment in Woolwich, South London.
Property description:
The property comprises a wheelchair accessible, private entrance, open plan kitchen and reception, kitchen with integrated and standalone appliances, two bedrooms, master bedroom with access to rear garden, family bathroom with shower over bath and hallway storage.
The property is spacious with side doorways and high ceilings and benefits from access through a private front garden.
Lease: Commenced 2015 with 125-year term
Council Tax Band: Greenwich Council – B
Approx. Gross Internal Area: 856sq.ft.
LOCAL AREA INFORMATION
• Plenty of nurseries and schools and colleges in the local area and University of Greenwich. A vast array of shops, supermarkets and leisure activities a short walk into town. Situated near Woolwich Common and Army Barracks.
• Conveniently nearby transport links into London: bus, train, DLR, ferry and future Crossrail. London City Airport is 2 stops away on the DLR. Take the bus to North Greenwich station for the 02 Arena, IKEA Greenwich and Bluewater shopping centre.
FINANCIAL INFORMATION
Property Value = £450,000
Percentage Share = 35%
Share Price = £157,500
*Monthly Rent = £530.35
*Monthly Service Charge = £156.13
**Monthly Mortgage Payment = £805
***Annual Household Income = £54,000
*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.
