Share Price £85,000 (from 50% Min. Share)

Full Value £170,000 | £4,250 Min. Deposit

Scheme: Shared Ownership Resales

Under offer

1 bedroom apartment in Bexley

place **UNDER OFFER** 23 Wharf House, 1 West Street, DA8 1AE

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Orbit Leasehold

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A One Bedroom Second Floor Flat


Description

Accommodation

Ground Floor: Communal Entrance Hall leading to a shared entrance lobby and lift.

Second Floor: Shared Hallway, Entrance Hall, Bathroom with WC, Bedroom, Reception Room with Kitchen.

External: One allocated parking space. Juliet Balcony behind reception room which looks over communal carpark. Communal Gardens.

Location

The property is located on a popular established residential area comprising of mixed type and age accommodation. The flat is close to the River Thames and it is conveniently located for Erith Town Centre and the Railway Station.

Purchase Information

For Sale is a 50% share of the property for £85,000.00 with an additional monthly charge of £389.08, which includes Rent, Service Charge and Ground Rent.

Additional Information

If you require any further information or wish to arrange a viewing, please contact Orbit Homeownership Services using the details provided.


Key Features

  • A purpose built second floor flat in a five storey block of flats
  • Built around 2008
  • Gas fired hot water radiator central heating
  • Gross internal floor area is 55m2
  • All mains services are connected

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Calculate Monthly Cost

Share price
£ 85,000
Min. £85,000
Share percentage
Min. 50%
Your deposit
Min. £4,250
Monthly cost*
£813
Cost breakdown
£233
Rent
£156
Service charge
£424
Mortgage*
Calculated using a representative rate of 3.94%
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Orbit Leasehold

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Location

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.