Available through our resale shared ownership scheme, a 10th floor (top), one-bedroom apartment situated in Kent.
Property description:
The property comprises a communal entrance with lift access, entry system, open plan kitchen and living area, kitchen with standalone appliances, private/wrap around balcony, one bedroom, family bathroom with shower over bath and two spacious hallway cupboards.
The property also benefits from access to a communal garden.
Lease: Commenced 2016 with 125-year term
Council Tax Band: Bromley Council – C
Gross Internal Area: 548.959sq.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 = £300,000
Percentage Share = 25%
Share Price = £75,000
*Monthly Rent = £744.12
*Monthly Service Charge = £204.33
*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 (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.
