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2 bedroom apartment for sale

Available

Park View, High Street, BR6 0GE

£123,750 · Shared Ownership Resale

Share percentage 45%, full price £275,000, £12,375 Min Deposit.

Available
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£123,750 Shared Ownership Resale · Eligibility Eligibility

Share percentage 45%, full price £275,000, £12,375 Min Deposit.

Monthly Cost: £1,411
Rent £569, Service charge £217, Mortgage £625*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

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Eligibility
You may be eligible for this property if: -You must be at least 18 years old -Your annual household income must be less than £90,000 -You are unable to purchase a suitable home to meet your housing needs on the open market -You should generally be a first time buyer. If you already own a property, you must be in the process of selling or have already sold it before you can apply Please note that applicants will be expected to purchase the maximum share that is sustainable for them.
Summary

A fantastic 2-bedroom apartment with private parking available now in Orpington.

Description
Property Reference: 1448

This fantastic apartment is located on the first floor in a 3-storey building. There are good transport links with Orpington station (1.9 miles), St Mary Cray (1.4miles) and Petts Wood (2.1 miles) away, served by National Rail linking to Central London. Local buses serve the area and the night buses links to Central London locations. Local amenities are located 0.1 miles away.
 
There are plenty of amenities on Orpington high street such as Walnuts Shopping Centre and Leisure Centre, Orpington Pond, Priory Garden all within 0.3 miles. There are also a wealth of shops, supermarkets, restaurants and clubs. 
  • Nearest station: Orpington Station, St Mary Cray & Petts Wood
  • Bus routes nearby: 61, 208, R1, 51, 61, 353, N199
The property located on the first floor comprises:
  • Spacious living room with lots of natural light, french doors
  • Freestanding appliances
  • Bedroom one with ensuite  
  • Communal garden
  • Private property parking
What happens after I register my interest?
 
After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the Shared Ownership Application Form.
 
If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email after checking here, please contact [email protected] and our team will be able to help you.
 
What is Shared Ownership?
 
Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought-after location.
 
Financial information
 
Tenure: Leasehold
Remaining lease term: 80 Years
Annual ground rent amount: £150
Ground rent review period: 1st April annually
Annual service charge amount: £2,784.84
Service charge review period: 1st April annually
Council tax band: Band C

*Financial information correct as of 30.08.2023
 
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C

Property Downloads
Floor Plan
Map
Orpington (0.82 miles) St Mary Cray (1.00 miles) Petts Wood (1.41 miles)
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Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
  • Service Charge: Covers maintenance and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.

£123,750
Shared Ownership Resale
Estimated Monthly Cost:£1,411
Rent £569
Service Charge £217
Mortgage £625

Share percentage 45%, full price £275,000, £12,375 Min Deposit. Calculated using a representative rate of 4.59%

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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.