1 bedroom apartment for sale
Greening House, 122/124 Lee High Road, SE13 5PD
Share percentage 50%, full price £275,000, £13,750 Min Deposit.
Share percentage 50%, full price £275,000, £13,750 Min Deposit.
Monthly Cost: £1,181
Rent £348,
Service charge £139,
Mortgage £694*
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 second floor, one-bedroom apartment in Lewisham.
Description
The property comprises a communal entrance with entry system, open plan reception and kitchen with integrated appliances, one bedroom, bathroom with shower over bath, a two-year-old fully serviced boiler and hallway storage.
The property also benefits from access to a communal garden and permit parking.
Lease: Commenced 2006 with 125-year term
Council Tax Band: Lewisham Council - B
Approx. Gross Internal Area: 657sq.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 = £275,000
Percentage Share = 50%
Share Price = £137,500
Monthly Rent = £348.20
Monthly Service Charge = £138.81
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
- Located in Lewisham, South East London, a lively area with excellent amenities including a Lidl next door and a Sainsbury’s Local nearby for daily essentials.
- For more extensive shopping needs, larger supermarkets are just a 10-minute walk in either direction. Lewisham Shopping Centre, also a 13-minute walk away, houses major high street brands, and its daily market brings fresh produce and a variety of goods.
- Lee High Road adds to the local charm with independent shops and a variety of restaurants. For leisure, two local parks are within a 10-minute walk, Blackheath Common is about 30 minutes away, and Greenwich Park is another 10 minutes beyond, providing lovely green spaces.
- This location is on a major bus route with 24-hour service, making travel throughout the area easy at any time. Lewisham DLR and train stations are both a 10-minute walk away, providing direct trains to London Bridge in about 10 minutes, with regular services to Charing Cross and Cannon Street, making commuting into central London quick and straightforward.
Particulars
Tenure: Leasehold
Lease Length: 107 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 50%, full price £275,000, £13,750 Min Deposit. Calculated using a representative rate of 4.59%
