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

The property comprises a communal entrance with entry system, lift access, reception, fitted kitchen with integrated appliances, Juliette balcony, one bedroom, bathroom with shower over bath, hallway storage cupboard and double glazing throughout. 

The property also benefits from access to a communal courtyard.

Lease: Commenced 2016 with 125-year term

Council Tax Band: Bromley Council – C

Gross Internal Area: 549sq.ft.

LOCAL AREA INFORMATION

• This property has excellent transportation links. Bromley South Station is under 5 minutes away and is served by both Thameslink and Southeastern, linking you to Central London in under half an hour. In addition, there are various bus stops on your doorstep, serving areas such as West Croydon and Eltham.

• The Glades Shopping Centre is a stone's throw away and has an extensive range of well-known brands available. Furthermore, High Street has a diverse range of shops, restaurants, cafes, and takeaways. Local amenities also include a bank, pharmacy, gym, and post office

• This property also benefits from a range of Ofsted: Good rated Infant and Primary schools located nearby. Around the corner, Bromley Park is excellent for play, dog walking, and relaxation.

FINANCIAL INFORMATION

Property Value = £310,000

Percentage Share = 50%

Share Price = £155,000

*Monthly Rent = £405.72(£443.86 from 1st April 2024)

*Monthly Service Charge = £172.70 (£199.49 from 1st April 2024)

**Monthly Mortgage Payment = £792

***Annual Household Income = £52,000

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

** Based on a 90%, 25-year repayment mortgage with an interest rate at 6.5%.

***Is based on a 10% mortgage deposit. If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced (approximately every 5% extra deposit reduces the salary required by £1,200). 

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.

Contact us now to arrange a viewing: 

Please call our Sales Team on 0345 606 1221

**To obtain a Hyde New Homes Reference number, choose ‘My Hyde’ to register/login on our website and complete the online application. A reference number will be emailed to you once the application is completed.  

Please know you may be asked additional information to determine your eligibility, affordability, and your priority as a candidate.

We often receive a high level of interest and aim to respond to enquiries within 3 working days. Please call our sales team if you haven't heard from us within this time.  

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