Available through our resale shared ownership scheme, a 3rd floor, one-bedroom apartment in London.

  

Property description:

A well-presented one-bedroom apartment with Juliette balconies through-out and access to solar energy use, located on the top floor and a 23ft open plan, fully fitted kitchen and living area with double bedroom including a walk-in wardrobe area and bathroom.

 

The property also benefits from access to a courtyard and permit parking.

 

Lease: Commenced 2010 with 125-year term

Council Tax Band: Lewisham Council – B

Approx. Gross Internal Area: 581sq.ft.

 

LOCAL AREA INFORMATION

·        Offered to market chain free and close to excellent transport links to London Bridge, Victoria, Shoreditch Waterloo and West End viewing is highly advised.

·        New Cross Gate and New Cross train stations are both a 10 mins walk from apartment, both offer great links to city.

·        Childrens play area within the grounds of the building.

·        Multitude of shops surrounding which includes a Sainsburys, Lidl, Asda and Iceland.

·        A football stadium is nearby alongside a number of local pubs.

 

FINANCIAL INFORMATION

Property Value = £320,000

Percentage Share = 40%

Share Price = £128,000

*Monthly Rent = £433.33

*Monthly Service Charge = £163.43

**Monthly Mortgage Payment = £654.00

***Annual Household Income = £43,000

 

*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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