Share Price £247,500 (from 75% Min. Share)

Full Value £330,000 | £12,375 Min. Deposit

Scheme: Shared Ownership Resales

Under offer

2 bedroom house in Bexley

place **UNDER OFFER** 12 Downton Mews, DA8 3BF

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Orbit Leasehold

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This property is an end terrace house.


Description

Accommodation

Ground Floor: Entrance Hall/Stairs, Kitchen/Diner, Reception Room and Shower Room/WC.

First Floor: Landing, Two Bedrooms and Bathroom/WC.

External: Single non allocated parking space available plus an additional parking permit that can be used by visitors. Gardens to the front and rear of the property.

Location

This property is positioned in a residential area and is within walking distance of Erith town centre.

Purchase Information

For Sale is a 75% share of the property for £247,500 with an additional monthly charge of £219.77 which includes Rent, Service Charge and Management Charge.

Additional Information

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


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Calculate Monthly Cost

Share price
£ 247,500
Min. £247,500
Share percentage
Min. 75%
Your deposit
Min. £12,375
Monthly cost*
£1,453
Cost breakdown
£174
Rent
£46
Service charge
£1,233
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.