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

  

Property description:

The property has been refurbished throughout with new flooring, ensuite and bathroom. It comprises a communal entrance, reception, kitchen with integrated appliances, two bedrooms, master bedroom with ensuite, family bathroom with shower over bath and cupboard storage. 

The property also benefits from access to a communal courtyard and off-street parking with visitors pass in a gated complex.

Lease: Commenced 2005 with 125-year term

Council Tax Band: Greenwich Council – C

Approx. Gross Internal Area: 716sq.ft.

LOCAL AREA INFORMATION

  • Excellent transport links with just a 5-minute walk to New Eltham Station with trains to London Bridge, Cannon Street, Charing Cross & Canary Wharf. The A20 is easily accessible providing a direct route into central London and surrounding areas.
  • Close to local amenities including a nearby Co-op food store, a selection of small shops, bars and restaurants and a Post Office.
  • Great Primary and Nursery Schools and Health Centres nearby with many nearby parks and attractions including Chislehurst Caves and Avery Hill Park.

FINANCIAL INFORMATION

Property Value = £300,000

Percentage Share = 75%

Share Price = £225,000

*Monthly Rent = £131.03

*Monthly Service Charge = £192.23

**Monthly Mortgage Payment = £1,305

***Annual Household Income = £53,000

*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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