2 bedroom apartment for sale

Available

Clyde Terrace, SE23 3EH

£118,750 · Shared Ownership Resale

Share percentage 25%, full price £475,000, £5,938 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Balcony/Terrace
£118,750 Shared Ownership Resale · Eligibility Eligibility

Share percentage 25%, full price £475,000, £5,938 Min Deposit.

Monthly Cost: £1,918
Rent £1,072, Service charge £169, Mortgage £677*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

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Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £90,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.
Summary

Stunning 2 bed Apartment in Quiet Residential area of Forest Hill

Description

This beautiful and relaxing 2 bedroom apartment available for resale through shared ownership is finished to a high specification, located in a sought after area of Forest Hill.

The property is well maintained with a spacious lounge/kitchen, 2 good sized bedrooms and bathroom with modern facilities. There is good security at the development with fob access control and CCTV.

Despite being so central it’s very peaceful due to the property location within the block and the windows are double glazed with triple aspect views. There’s also a lovely balcony which is great for having a coffee and breakfast outside in the summer mornings.

Door entry system

Lease - 125 years from 2018

Total Area - 72m2

Kitchen/Living 5.9m x 4.0m (Balcony off Living Room)
Bedroom 1 2.8m x 4.6m
Bedroom 2 4.5m x 2.7m

Charges shown are effective as of 1 April 2024 - 31 March 2025.

Rent and Service charge reviewed each April.

Property Details

Lounge area:
Wood laminate flooring. Natural light from full height door and windows. Neutral décor.Direct access onto private patio terrace.

Kitchen area:
Wood laminate flooring. Kitchen contains a range of wall and base units with white quartz work top. Inset stainless steel 1½ bowl sink with mixer tap. Integrated electric oven with complementary integrated gas hob and extractor. There is a built in fridge/freezer, dishwasher and washer/dryer.

Bedroom 1:
Carpet flooring. Floor to ceiling window. Neutral décor.

Bedroom 2:
Carpet flooring. Floor to ceiling window. Neutral décor.

Bathroom/WC:
Part tiled and painted walls with tiled flooring. Heated towel rail and full width mirror. The bathroom suite comprising panel enclosed bath with mixer tap, shower attachment and glass shower screen, concealed cistern dual flush WC suite and an inset wash hand basin with mixer tap.

Externally:
The property has a private balcony accessible from the kitchen/lounge area.

Key Features
  • 2nd Floor 2 bed flat
  • Top floorapartment in a small block of 5 apartments
  • Triple aspect views
  • Modern Development
  • Private Balcony approximately 4m with composite decking
  • Secure allocated bike storage in the building
  • Double Glazing
  • Video entry system and CCTV
  • Easy access to buses and Forest Hill Overground Station

This well appointed and spacious apartment is set back from the main road, a short walk 5min from Forest Hill station with its National Rail and Overground links to London and the South. There are also several bus routes nearby.

Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified

Map
Forest Hill (0.16 miles) Sydenham (0.67 miles) Honor Oak Park (1.03 miles)
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.

£118,750
Shared Ownership Resale
Estimated Monthly Cost:£1,918
Rent £1,072
Service Charge £169
Mortgage £677

Share percentage 25%, full price £475,000, £5,938 Min Deposit. Calculated using a representative rate of 5.26%


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.