Available through our resale shared ownership scheme, a third floor, two-bedroom apartment in New Cross.

Property description:

The property comprises a wheelchair accessible, communal entrance with entry system, lift access, open plan kitchen and reception, kitchen with integrated appliances, private balcony, two bedrooms, family bathroom with shower over bath and hallway storage.

The property also benefits from access to a communal garden and first come, first serve parking.

Lease: Commenced 2013 with 125-year term

Council Tax Band: Lewisham Council – C

Approx. Gross Internal Area: 757sq.ft.

Prior to viewing: All applicants must be registered and approved by Hyde New Homes and may be required to carry out a shared ownership affordability assessment.

LOCAL AREA INFORMATION

• Located near a range of amenities, including convenience stores, supermarkets, cafes, and a variety of restaurants, making it easy to access essentials and dining options. For broader shopping needs, the nearby Old Kent Road has several retail outlets and supermarkets. Additionally, New Cross offers an array of independent shops, cultural venues, and local pubs popular with residents and students from nearby Goldsmiths, University of London.

• Excellent transport links, just a 1-minute walk to major bus services on Old Kent Road, connecting you to central London and surrounding areas. New Cross Gate and Queens Road Peckham stations are both within a 10-minute walk, providing Overground and mainline services to London Bridge, Shoreditch, and central London stations, making commuting straightforward and convenient.

• The area is family-friendly with access to several well-regarded schools, both primary and secondary, within walking distance. For higher education, Goldsmiths, University of London, is nearby, adding to the educational opportunities in the area.

FINANCIAL INFORMATION

Property Value = £400,000

Percentage Share = 50%

Share Price = £200,000

Monthly Rent = £411.54

Monthly Service Charge = £178.36

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

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. Please note that the Resales Team have not visited this property.