Available through our resale shared ownership scheme, a 2nd floor, two-bedroom apartment in London.

  

Property description:

The property comprises communal entrance, open plan kitchen with integrated appliances, dining/living area, two bedrooms, family bathroom with shower over bath, private balcony and storage spaces.

 

The property also benefits from on-street parking.

 

Lease: Commenced 2015 with 125-year term

Council Tax Band: Lewisham Council – C

Approx. Gross Internal Area: 812sq.ft.

 

LOCAL AREA INFORMATION

• New Cross is conveniently located with excellent transport links to Central London and Canary Wharf, walking distance to two over ground stations and numerous buses from the Old Kent road.

•One stop to London Bridge station with Southeastern.

• This sought after location between Brockley, Deptford and Peckham is not to be missed, with its great local rooftop bars, fine food market and independent pubs all within walking distance, not to mention a wide array of excellent coffee shops.

 

FINANCIAL INFORMATION

Property Value = £410,000

Percentage Share = 35%

Share Price = £143,500

*Monthly Rent = £655.36 (From April 01 £716.96)

*Monthly Service Charge = £153.41

**Monthly Mortgage Payment = £832.00

***Annual Household Income = £61,000

 

*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%.

***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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