Available through our resale shared ownership scheme, a second floor, one-bedroom apartment in Sidcup.

  

Property description:

The property comprises a communal entrance with entry system, open plan kitchen and reception, kitchen with integrated and standalone appliances, one bedroom, bathroom with shower over bath, updated flooring throughout and walk-in hallway storage. 

The property also benefits from new UPVC double glazed windows, access to a communal garden and allocated parking in a secure, gated carpark.

Lease: Commenced 2018 with 999-year term

Council Tax Band: Bexley Council – C

Approx. Gross Internal Area: 572sq.ft.

LOCAL AREA INFORMATION

  • There are several shops and amenities within walking distance, including Sidcup High Street which offers a range of bars, cafes, gyms and shops. Bromley and Bexleyheath are easily accessible by car or public transport. 
  • Convenient transport links include five TfL bus routes, Sidcup, Albany Park and St Mary Cray train stations, all within 1.5 miles and the A20 and A2 for Central London is just a 5minute drive away, with the M25 a 10minute drive away.
  • Foots Cray Meadows and two premium health clubs are all in walking distance and Hall Place and Gardens a short drive away.  

FINANCIAL INFORMATION

Property Value = £240,000

Percentage Share = 40%

Share Price = £96,000

*Monthly Rent = £447.57 

*Monthly Service Charge = £130.17 

**Monthly Mortgage Payment = £491

***Annual Household Income = £37,000

*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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