1 bedroom apartment for sale
Brixham Building, 8 Artillery Place, SE18 4AB
Share percentage 65%, full price £335,000, £21,775 Min Deposit.
Share percentage 65%, full price £335,000, £21,775 Min Deposit.
Monthly Cost: £1,491
Rent £243,
Service charge £149,
Mortgage £1,099*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
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 5th floor, one-bedroom apartment in London.
Description
Property description:
The property comprises a communal and wheelchair accessible entrance, entry system, lift access, kitchen with integrated appliances, reception area, one bedroom which includes built in wardrobe, family bathroom with shower over bath and hallway storage cupboard.
The property also benefits from access to a private balcony and allocated parking.
Lease: Commenced 2015 with 125-year term
Council Tax Band: Greenwich Council - B
Approx. Gross Internal Area: 573sq.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.
FINANCIAL INFORMATION
Property Value = £335,000
Percentage Share = 65%
Share Price = £217,750
Monthly Rent = £243.28
Monthly Service Charge = £148.73
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 INFORMATION
· Excellent transport links including the Elizabeth Line, National Rail, DLR and local buses to Central London and Kent.
· Beautiful green spaces for walks nearby (Woolwich common, Shooters hill and Chalton Park).
· Local convenience stores and walking distance to a Tesco’s, Sainsbury’s and Marks and Spencer’s.
· Great sports facilities nearby, gyms, swimming at Charlton heated Lido and a local park run.
· Close to a diverse range of restaurants and cafes, including Gails, street food markets and great restaurants in Woolwich.
· Cultural attractions nearby, Punchdrunk Theatre, Woolwich Works and Tramshed Theatre.
Particulars
Tenure: Leasehold
Lease Length: 116 years
Council Tax Band: B
Property Downloads
Floor Plan Energy CertificateMap
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 65%, full price £335,000, £21,775 Min Deposit. Calculated using a representative rate of 4.59%
