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1 bedroom apartment for sale

Available

Norfolk House, 9 Brookmill Road, SE8 4HL

£75,000 · Shared Ownership Resale

Share percentage 25%, full price £300,000, £3,750 Min Deposit.

Available
1 bedroom
1 Bathroom
£75,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 25%, full price £300,000, £3,750 Min Deposit

Monthly Cost: £1,021
Rent £439, Service charge £164, Mortgage £418*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Eligibility

You have a gross household income of no more than £90,000 inner London/£80,000 outer London per annum when eligible to purchase - this will include all members of the household whether they have joined the application or not. An exception would be the income of children under 18 and any other household members whose residence in the home is unlikely to be permanent.

You are unable to purchase a suitable home to meet your housing needs on the open market.

Be a first time buyer, if you are indeed a current home owner we can consider your application if your property is under offer and is going through the legal conveyancing process, evidence of this will need to be provided.

Summary

Southern Housing are delighted to offer for sale this well-presented one bedroom flat located on the upper floor

Description

EPC rating - B

Council tax band - B

Lease – 125 years from commencement date 23-01-2012

Full market value - £300,000

25% share available at £75,000

Current rent PCM - £439.30

Current service charge PCM - £164.13

Key Features

Key Information:

A one bedroom/one bathroom purpose built medium rise apartment. The property benefits from a balcony. The overall condition is good.

This property is decorated to a good standard throughout.

The property benefits from a modern sized, stylish kitchen with an integrated oven, electric bob, extractor fan, sink and washing machine. This kitchen has plenty of storage cupboards for your everyday kitchen needs.

The bathroom is bright with its modern design, has the benefit of a toilet, sink, bath with an over the head shower and tiled throughout.

The living room/sitting room is bright and open planed with laminate flooring, has large doors that open up to a large sized balcony.

A good sized double bedroom.

Accommodation:

Entrance hallway

Kitchen

Lounge

Bedroom

Bathroom WC

Gross internal floor area is 42.83

An EWS1 wouldn’t be available until the remediation works are completed.

Location:

Residential and commercial area of Deptford, South-East London within close proximity to all local amenities.

Particulars

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

Map
Deptford Bridge (0.09 miles) Deptford (0.34 miles) St Johns (0.35 miles)
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

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.

£75,000
Shared Ownership Resale
Estimated Monthly Cost:£1,021
Rent £439
Service Charge £164
Mortgage £418

Share percentage 25%, full price £300,000, £3,750 Min Deposit. Calculated using a representative rate of 5.03%


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.