2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (116 years remaining)
- Modern Shared Ownership home
- Ground floor
- Parking
- Less than ½ mile from Beckenham Junction train station
- Chain free
- Just moments from Beckenham High Street amenities
This superb modern home is available to buy from as little as £148,750 with a 35% share!
Situated on the ground floor and within a short walk of Beckenham Junction train station, this well presented apartment is being offered to the market with no onward chain and comes with parking. It has spacious accommodation that features an entrance hall that leads through to a wonderful open plan lounge/kitchen/diner with a door out to the garden. There are also two double bedrooms and a modern bathroom.
Situated just moments from the vibrant Beckenham High Street, you’ll enjoy easy access to a range of shops, cafes, and essential amenities. Excellent transport links nearby also provide swift connections to central London, making this a perfect choice for those seeking both tranquillity and convenience.
PRICING & AFFORDABILITY
Full Market Value: £425,000
35% Share Price: £148,750 (rent £821.80pcm)
Minimum 5% Mortgage Deposit (35% share): £7,438
Approximate Service Charges: £315.82pcm*
Shared Ownership Lease: approx. 116 years
Council Tax Band: D
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value.
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
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*DISCLAIMER
Property reference SDO240826. 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 SOWN - National.
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Broadband availability and predicted speed: obtained from Ofcom on July 6, 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
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Mobile phone signal availability and predicted strength: obtained from Ofcom on July 6, 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 December 8, 2014 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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