A new pathway home with Share to Buy
|

1 bedroom apartment for sale

Available

112 Reaston Street, SE14 5AW

£112,000 · Shared Ownership Resale

Share percentage 35%, full price £320,000, £11,200 Min Deposit.

Available
1 bedroom
1 Bathroom
Parking
£112,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 35%, full price £320,000, £11,200 Min Deposit

Monthly Cost: £1,172
Rent £447, Service charge £160, Mortgage £565*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

£
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

A 3rd floor, one-bedroom apartment in London.

Description

Property Features:

· Communal entrance

· Open plan fully kitted kitchen and living space

· Double bedroom

· Walkin wardrobe

· Access to communal courtyard

· Permit parking

· Juliette Balcony

Lease: Commenced 2010 with 125-year term

Council Tax Band: Lewisham Council - B

Prior to viewing: All applicants must be registered and approved by Hyde New Homes and may be required to carry out a shared ownership affordability assessment.

*Please note the rent and service charge is reviewed annually 01 April. Your home may be at risk if you do not keep up your mortgage and rent repayments. Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract. Areas, distances or measurements referred to are approximate. For confirmation of property details refer to the terms of the lease and plans from your solicitor. Hyde New Homes Resale properties are sold as seen, photographs and details (excluding financial information) are provided by the leaseholder. Please note that the Resales Team have not visited this property.

Key Features

Local Area:

· Offered to market chain free and close to excellent transport links to London Bridge, Victoria, Shoreditch Waterloo and West End viewing is highly advised.

· New Cross Gate and New Cross train stations are both a 10 mins walk from apartment, both offer great links to city.

· Childrens play area within the grounds of the building.

· Multitude of shops surrounding which includes a Sainsburys, Lidl, Asda and Iceland.

· A football stadium is nearby alongside a number of local pubs.

Particulars

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

Property Downloads
Energy Certificate
Map
New Cross Gate (0.35 miles) Queens Road Peckham (0.49 miles) New Cross (0.64 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes

Outside Space/Garden: n/a

Year property was built: Enquire with provider

Unit size: Enquire with provider

Accessible measures: Enquire with provider

Heating: Enquire with provider

Sewerage: Enquire with provider

Water: Enquire with provider

Electricity: Enquire with provider

Broadband: Enquire with provider

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.

Read More Read Less
  • 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.

£112,000
Shared Ownership Resale
Estimated Monthly Cost:£1,172
Rent £447
Service Charge £160
Mortgage £565

Share percentage 35%, full price £320,000, £11,200 Min Deposit. Calculated using a representative rate of 4.59%


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.