Available through our resale shared ownership scheme, a first floor, two-bedroom apartment in Bromley.

  

Property description:

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

The property also benefits from access to 2 roof terraces. 

Lease: Commenced 2011 with 125-year term

Council Tax Band: Bromley Council – D

Approx. Gross Internal Area: 565sq.ft.

LOCAL AREA INFORMATION

• Walking distance to both Bickley & Bromley South Stations with good transport links. 

• Chatterton village & Good schools nearby alongside parks and gyms.

• Located near to Bromley town centre which offers, shops, cinemas, restaurants and other amenities.

FINANCIAL INFORMATION

Property Value = £320,000

Percentage Share = 50%

Share Price = £160,000

*Monthly Rent = £390.95

*Monthly Service Charge = £149.17

**Monthly Mortgage Payment = £818.00

***Annual Household Income = £48,000

*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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