2 bedroom apartment for sale
Purbeck Gardens, Bromley, SE26 5FG
Share percentage 25%, full price £460,000, £5,750 Min Deposit.
Share percentage 25%, full price £460,000, £5,750 Min Deposit.
Monthly Cost: £1,708
Rent £870,
Service charge £197,
Mortgage £641*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Bromley, London
Description
Modern, bright & spacious two-bedroom apartment is now available in London through Shared Ownership.
The property was built in circa 2019 and comprises an expansive living room with a private balcony, a fitted kitchen, two large bedrooms (one of them ensuite), and hallway storage. This could be ideal for couples or a small family.
This flat is on the second floor and has underground secure parking available.
Available for £115,000 for 25% share based on the marketing figure of £460,000.
Monthly rent - £869.76
Monthly Service Charge - £196.53
Total Monthly Charge - £1,066.29 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationThe property is located in Lower Sydenham. There are many schools and activity clubs of different levels close to this property, making this ideal for families with young children.
This property has great travel routes into London's hotspots. One can be in London Bridge in 20 minutes by train via the Southeastern line or in half an hour by car. Kings Cross is only 30 minutes away via train, perfect for commuters.
Many restaurants and shops are nearby, where one can socialise with friends and family, making this a perfect place to live.
EPC ratingEnergy rating band - B
Environmental impact band - A
Years remaining on lease: 119
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 building (ca. 2019)
- Underground secure parking
- Ensuite bedroom
- Available for 25% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Key Information Document Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
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
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 25%, full price £460,000, £5,750 Min Deposit. Calculated using a representative rate of 5.03%
