1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (115 years remaining)
- 25% shared ownership
- One bedroom purpose built flat
- No onward chain
- Can be bought as 100% share
- High street town centre location
- Balcony
- Very well presented
- Central heating
- Open plan
- Council tax band c
FINANCIAL INFORMATION
Property Value = £270,000
Percentage Share = 25%
Share Price = £67,500
*Monthly Rent = £512.39
*Monthly Service Charge = £298.10
Please note the rent and service charge is reviewed annually 01 April.
This property has light and bright accommodation comprising: -Entrance hall with storage cupboard, bathroom, lounge/diner opening into the kitchen area, master bedroom and a balcony with far reaching views.
Eligibility:
• Interested applicants should be registered and approved for the scheme by completing our shared ownership eligibility application at .
• To be eligible an applicant’s household income cannot exceed £80,000 for a property outside of London or £90,000 for a property in London.
• Homeowners can be considered; however, exchange of contracts for this sale cannot take place until their current property ownership has been terminated.
Affordability:
• Applicants should be able to obtain a high street mortgage (an adverse credit lender may not be excepted by the Association).
• Where a mortgage is not accessible, cash purchasers will be considered on a case-by-case basis.
• Applicants must have a good credit history – no CCJ’s or loan defaults.
• A successful candidate must pass the shared ownership affordability assessment with an Independent Financial Advisor. This advisor will be appointed from the Hyde New Homes panel.
FINANCIAL INFORMATION
Property Value = £270,000
Percentage Share = 25%
Share Price = £67,500
*Monthly Rent = £512.39
*Monthly Service Charge = £298.10
Places of interest
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*DISCLAIMER
Property reference TBW240071. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Andrews - Orpington.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on April 26, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on April 26, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on May 10, 2021 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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