Available through our resale shared ownership scheme, a 4th floor, one-bedroom apartment in London.

  

Property description:

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

open plan kitchen with integrated appliances, living/dining area, one bedroom, family bathroom with shower over bath, hallway storage cupboard and a balcony.

 

The property also benefits from access to a courtyard and Podium Garden.

 

Lease: Commenced 2010 with 125-year term

Council Tax Band: Southwark Council – D

Approx. Gross Internal Area: 499sq.ft.

 

LOCAL AREA INFORMATION

• Situated on the popular Bermondsey Spa development.

• 0.3 miles from Bermondsey Underground Station with direct services to Canary Wharf, Stratford and West London.

• Excellent bus services to many areas of London.

• Within walking distance of the bustling Bermondsey Street, Maltby Street Market, Shad Thames, Brewery Wharf and Southwark Park.

• Within close proximity of a variety of shops, restaurants, bars, entertainment and other amenities.

 

FINANCIAL INFORMATION

Property Value = £440,000

Percentage Share = 35%

Share Price = £154,000

*Monthly Rent = £410.27

*Monthly Service Charge = £163.44

**Monthly Mortgage Payment = £787.00

***Annual Household Income = £49,000

 

*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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