2 bedroom apartment for sale
Chenille Court, Hackbridge Road, SM6 7BF
Share percentage 35%, full price £330,000, £5,775 Min Deposit.
Share percentage 35%, full price £330,000, £5,775 Min Deposit.
Monthly Cost: £1,438
Rent £602,
Service charge £193,
Mortgage £643*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Wallington, London
Description
This bright, modern two-bedroom apartment is now available through Shared Ownership in Wallington (London).
On the third floor, the property comprises an entrance hall, a living room with a modern open-plan kitchen, two bedrooms, and a bathroom.
Outside, includes a private balcony with access via the living room. Perfect for couples and small families.
Parking is available on streets adjacent to the property.
Key Information Document
Available for £115,500 for 35% share based on the marketing figure of £330,000.
Monthly rent - £602.13
Monthly Service Charge - £193.41
Total Monthly Charge - £795.54 plus mortgage required for 35% share.
An annual rent increase takes place every April
LocationHackbridge Primary School is less than 5 minute's walk away alongside a Sainsbury’s local, with a Newly built Lidl supermarket nearby.
There is a bus stop on the main road approx. 2-minute walk from the flat connecting surrounding towns, with Hackbridge mainline train station being about a 6-minute walk from the property, building great connections to Central London and Surrey.
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 118
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
- Two-bedroom apartment
- Modern kitchen
- Private balcony
- Good travel links
- Available for 35% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 35%, full price £330,000, £5,775 Min Deposit. Calculated using a representative rate of 5.03%