2 bed Flat For Sale £187,500
Available for sale as a Shared Ownership property (50% at £187,500) with staircasing options available up to 100% of the value.Please note this apartment is only available as an investment property if purchased at 100% of the market value (£375,000). It cannot be purchased as an investment property at 50% shared ownership (£187,500).
A spacious and immaculate seventh floor two-bedroom apartment, built in 2016, situated in the heart of Bromley.
Less than 5 minutes walk to Bromley South Train Station with links directly into Denmark Hill, London Victoria (22 minutes), London Blackfriars, Ashford International and Bedford.
This new build apartment also has a 5 year warranty remaining on the NHBC along with a compliant EWS1 form.
Property Description
The property, built in 2016, comprises a secure communal entrance with phone entry system and lift.
The apartment includes the following:
Length of Lease: Approx. 118 YearsCouncil Tax Band: Bromley Council - D
Gross Internal Area: 65m2
Local Area Information and Amenities
The Henry House development in Bromley South is ideally located moments from Bromley South station with trains fast into Denmark Hill, London Victoria (22 minutes), London Blackfriars, Ashford International and Bedford.
The A21 is easily accessible providing a direct route to London and the motorway network.
The town centre offers plenty of local amenities including the Glades shopping centre, restaurants, Vue and Picturehouse cinemas with excellent schools in close proximity.
Financial Information
Property Value = £375,000
Percentage Share = 50%
Share Price = £187,500
*Monthly Rent = £481.14
*Monthly Service Charge = £178.08
**Monthly Mortgage Payment = £938
***Annual Household Income = £59,000
*Please note the rent and service charge is reviewed annually on 01 April.
** Based on a 90%, 25-year repayment mortgage with an interest rate at 4.5%.
***Is based on a 10% mortgage deposit. If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced (approximately every 5% extra deposit reduces the salary required by £1,200).
Please note a financial assessment will be required by Hyde New Homes.
Tenure: Leasehold
Council Tax: D
Lease Remaining: 118
Current ground rent: £0.00 Per Month
Ground rent review period: Every 0
Annual ground rent increase: 0%
A spacious and immaculate seventh floor two-bedroom apartment, built in 2016, situated in the heart of Bromley.
Less than 5 minutes walk to Bromley South Train Station with links directly into Denmark Hill, London Victoria (22 minutes), London Blackfriars, Ashford International and Bedford.
This new build apartment also has a 5 year warranty remaining on the NHBC along with a compliant EWS1 form.
Property Description
The property, built in 2016, comprises a secure communal entrance with phone entry system and lift.
The apartment includes the following:
- A large open plan kitchen and dual-aspect bright reception room, perfect for entertaining, with spot lights throughout and views over Crystal Palace.
- Modern fitted kitchen with high quality finishes, under cupboard lighting, stand-alone appliances and ample cupboard space.
- Large double master bedroom with floor to ceiling windows.
- Second generous sized double bedroom with floor to ceiling windows.
- Family bathroom with detachable overhead shower, modern suite and textured tiling.
- Double glazing throughout with generous storage space (two large cupboards in hallway).
- The property also benefits from access to a well-maintained communal garden and secure bike storage.
- Parking requires a permit. There is no off-street parking available, however car parking spaces can be rented from within the development if available.
Length of Lease: Approx. 118 YearsCouncil Tax Band: Bromley Council - D
Gross Internal Area: 65m2
Local Area Information and Amenities
The Henry House development in Bromley South is ideally located moments from Bromley South station with trains fast into Denmark Hill, London Victoria (22 minutes), London Blackfriars, Ashford International and Bedford.
The A21 is easily accessible providing a direct route to London and the motorway network.
The town centre offers plenty of local amenities including the Glades shopping centre, restaurants, Vue and Picturehouse cinemas with excellent schools in close proximity.
Financial Information
Property Value = £375,000
Percentage Share = 50%
Share Price = £187,500
*Monthly Rent = £481.14
*Monthly Service Charge = £178.08
**Monthly Mortgage Payment = £938
***Annual Household Income = £59,000
*Please note the rent and service charge is reviewed annually on 01 April.
** Based on a 90%, 25-year repayment mortgage with an interest rate at 4.5%.
***Is based on a 10% mortgage deposit. If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced (approximately every 5% extra deposit reduces the salary required by £1,200).
Please note a financial assessment will be required by Hyde New Homes.
Tenure: Leasehold
Council Tax: D
Lease Remaining: 118
Current ground rent: £0.00 Per Month
Ground rent review period: Every 0
Annual ground rent increase: 0%
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