2 bed Flat For Sale £182,000
Full Market Value
£260,000
Share Value(70%)
£182,000
Monthly Rent
£148
Service Charge
£180
Minimum Income
£40,950
Shared ownership
Full Market Value: £260,000
Share Value (70%): £182,000
Monthly Rent: £147.54
Service Charge: £179.87
Ground Rent: £100.00 p.a
125 year lease commenced in April 2010 – 113 years remaining
New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
The property is only a short walk from Welling high street which has a range of high street shops, plus a Tesco and Morrisons supermarket. Popular Danson Park is also close by which has tennis courts, pub, childrens play area and offers boating activities. Welling Railway Station is under a mile away from Penpool Lane with services to London’s Charing Cross, Cannon Street, and Victoria Station taking from 28-46 minutes.
Bexleyheath, just a mile and a half away, offers Sainsbury’s, and Asda as well as the The Mall Shopping Centre and excellent leisure facilities like the Tenpin bowling venue, Cineworld multiscreen, and Crook Log Leisure Centre.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £40,950. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. In order to register, please visit our website to register and obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of September 2021.
£260,000
Share Value(70%)
£182,000
Monthly Rent
£148
Service Charge
£180
Minimum Income
£40,950
Shared ownership
Full Market Value: £260,000
Share Value (70%): £182,000
Monthly Rent: £147.54
Service Charge: £179.87
Ground Rent: £100.00 p.a
125 year lease commenced in April 2010 – 113 years remaining
New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
The property is only a short walk from Welling high street which has a range of high street shops, plus a Tesco and Morrisons supermarket. Popular Danson Park is also close by which has tennis courts, pub, childrens play area and offers boating activities. Welling Railway Station is under a mile away from Penpool Lane with services to London’s Charing Cross, Cannon Street, and Victoria Station taking from 28-46 minutes.
Bexleyheath, just a mile and a half away, offers Sainsbury’s, and Asda as well as the The Mall Shopping Centre and excellent leisure facilities like the Tenpin bowling venue, Cineworld multiscreen, and Crook Log Leisure Centre.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £40,950. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. In order to register, please visit our website to register and obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of September 2021.
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