Available through our resale shared ownership scheme, a 3rd floor, two-bedroom apartment in Westerham.
Property description:
The property comprises a communal entrance, entry system, open plan kitchen, kitchen with integrated appliances, dining/living area, one bedroom, family bathroom with shower over bath and hallway storage cupboard.
The property also benefits from access to allocated parking.
Lease: Commenced 2019 with 999-year term
Council Tax Band: Sevenoaks Council – C
Approx. Gross Internal Area: 765sq.ft.
LOCAL AREA INFORMATION
· The attractive town of Westerham is known for the cafe culture, shops, restaurants and pubs on the green in and is within minutes of access to the wonderful Kent countryside.
· Set on the A25 in the Kent Downs Area of Outstanding Natural Beauty, adjacent to the Kent border with both Greater London and Surrey.
· Westerham lies a short drive from Sevenoaks and Oxted town centres both offering more comprehensive shopping facilities.
· Direct train services to London: Oxted into London Victoria & London Bridge. Sevenoaks into Charing Cross/Cannon Street.
· Westerham bus routes include 246, 595 and 401 giving connections to Hayes, Bromley, Oxted and Sevenoaks.
· The M25 is easily accessed nearby at junction 6 approximately 5 miles distant and junction 5 approximately 4 miles distant. Gatwick Airport can be reached in 30 minutes from the property.
FINANCIAL INFORMATION
Property Value = £340,000
Percentage Share = 25%
Share Price = £85,000
Monthly Ground Rent = £20.83
*Monthly Rent = £731.61
*Monthly Service Charge = £137.34
**Monthly Mortgage Payment = £351.00
***Annual Household Income = £44,000
*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.
