1 bedroom apartment for sale

Available

Henry House, Ringers Road, BR1 1AA

£126,000 · Shared Ownership Resale

Share percentage 45%, full price £280,000, £12,600 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony/Terrace
Floor plan
floor-plan
Floor plan
floor-plan
£126,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 45%, full price £280,000, £12,600 Min Deposit.

Monthly Cost: £1,287
Rent £472, Service charge £179, Mortgage £636*

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

Available through our resale shared ownership scheme, a 8th floor, one-bedroom apartment in London.

Description

Available through our resale shared ownership scheme, a 8th floor, one-bedroom apartment in London.

Property description:

The property comprises a communal and wheelchair accessible entrance, lift access, entry system, kitchen and reception, kitchen with standalone appliances, one bedroom includes built in wardrobe, family bathroom with shower over bath and hallway storage cupboard.

The property also benefits from side-gate access to garden and a private balcony.

Lease: Commenced 2016 with 125-year term

Council Tax Band: Bromley Council - C

Approx. Gross Internal Area: 47.7sq.ft.

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.

Key Features

· Located near Bromley South train station, which has direct links into London.

· Nearby to Bromley high street which offers multiple food shops, high street brands and more.

· Walking distance to gyms and a park.

Particulars

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

Property Downloads
Floor Plan Energy Certificate
Map
Bromley South (0.14 miles) Bromley North (0.51 miles) Shortlands (0.61 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.

£126,000
Shared Ownership Resale
Estimated Monthly Cost:£1,287
Rent £472
Service Charge £179
Mortgage £636

Share percentage 45%, full price £280,000, £12,600 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.