2 bedroom apartment for sale
Wood Martyn Court, Augustus Ln, BR6 0SS
Share percentage 45%, full price £320,000, £14,400 Min Deposit.
Share percentage 45%, full price £320,000, £14,400 Min Deposit.
Monthly Cost: £1,480
Rent £451,
Service charge £298,
Mortgage £731*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Private Balcony, Good EPC Rating, Just minutes from mainline station
Description
Shared Ownership
Full Market Value: £330,000
Share Value (45%): £148,500
Monthly Rent: £451.45
Service Charge: £297.67
Council Tax Band: D
125 year lease commenced in November 2006 - 107 years remaining
EWS1 Certification is available for this apartment - A2 rating
L&Q welcomes you to view this two bedroom, fifth floor apartment.
Thisbright andspacioustwo bedroom apartment consistsof aopen-plan kitchen and living area, flooded with natural light from wide floor-length windows and door leading to balcony. The kitchen is fitted with beech wall and base units and grey worktops. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob and extractor fan. Spacious main double bedroom benefitting from built-in storage cupboards. Bright and airy second double bedroom with floor-length windows. The bathroom comes complete with a white three-piece suite with a shower over bath and a tile surround. Additional double storage cupboards in hallway.
This apartment is Ideally placed in the centre of town with excellent access to the mainline Station and bus routes.. Orpington High Street, just a few minutes' walk away includes a vast array of shops, bars, restaurants and leisure facilities. Motorway links, and Greenbelt countryside are also just a short drive away.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £56,279. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.comand register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of May 2024.
Key Features
- Private Balcony
- Good EPC Rating
- Lift Access
- Town centre location
- Just minutes from mainline station
Particulars
Tenure: Leasehold
Lease Length: 107 years
Council Tax Band: D
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual Tour
Map
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 45%, full price £320,000, £14,400 Min Deposit. Calculated using a representative rate of 4.64%
