Share Price £119,250 (from 45% Min. Share)

Full Value £265,000 | £5,963 Min. Deposit

Scheme: Shared Ownership Resales

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1 bedroom apartment in Sutton

place Hackbridge Road, SM6 7BF

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Modern one bedroom flat in Hackbridge now available to buy through the Shared Ownership Scheme


Description

The property comprises private entrance hall with ample storage space, a bathroom with WC, one spacious bedroom and open plan kitchen/reception room with access to a private balcony.

- Minimum income requirement - £38,805

- Income requirement reduces if a higher deposit's available

- Buy more shares for a minimum of 10%

SO Resi Monthly Payment - £333
Monthly Service Charge - £88

Modern one bedroom flat in Hackbridge now available to buy through the Shared Ownership Scheme

Available for £119,250for 45% share based on the marketing figure of £265,000.

Read more about our Covid-19 update:https://soresi.co.uk/covid-19-message-resales/

Ground Floor:
Communal entrance lobby with staircase

First Floor:
Private entrance hall with fitted storage cupboard.

Bedroom:
2.75 x 4.80

Open plan kitchen/reception room:
2.92 x 3.54 plus 2.31 x 4.38

Bathroom with WC

Outside:
Private balcony accessed via reception area. Communal grounds and areas, including bin and bike stores. No
allocated off street parking.

Energy Rating Band - B
Environmental Impact Band - B

All room dimensions approximate.

Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.

Chenille Court has ideally located just a short walk from local amenities and the Sainsburys local. Benefitting from a short walk to the beautiful Beddington Park and the surrounding Riverside Wandle Trail, the locality also benefits from a close proximity to Carshalton Village and Wallington, with the many excellent pubs, restaurants and shops the areas provide. The flat is also conveniently just a 6 minutewalk from Hackbridge Station, with Thameslink services to London Victoria in 20 mins, London Blackfriars and both Central and North London. Local buses can be found via Hackbridge Road, with routes to Tooting and Mitcham for further travel to Croydon and Central London.


Key Features

One bedroom
First floor apartment
Private balcony
Communal grounds
Bin and bike stores
Available for 45% share


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Calculate Monthly Cost

Share price
£ 119,250
Min. £119,250
Share percentage
Min. 45%
Your deposit
Min. £5,963
Monthly cost*
£1,015
Cost breakdown
£333
Rent
£88
Service charge
£594
Mortgage*
Calculated using a representative rate of 3.94%
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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.