2 bedroom apartment for sale

Under Offer

***UNDER OFFER***10 Tower Hill Court, Morris Drive, DA17 6FL

£100,000 · Shared Ownership Resale

Share percentage 40%, full price £250,000, £5,000 Min Deposit.

Under Offer
2 bedrooms
1 Bathroom
Private Balcony/Terrace
Parking
£100,000 Shared Ownership Resale

Share percentage 40%, full price £250,000, £5,000 Min Deposit.

Monthly Cost: £1,051
Rent £418, Service charge £118, Mortgage £515*

Calculated using a representative rate of 4.25%

Calculate estimated monthly costs

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Summary

The apartment is located on the first floor of a four storey block of apartments.

Description

ACCOMMODATION

First Floor: Entrance Hall, Kitchen/Living/Dining Room, Two Bedrooms and a Bathroom/WC.

External: Property has a balcony. Off-road allocated car parking space.

LOCATION

This property is positioned in a residential area and is within walking distance of Belvedere village centre.

PURCHASE INFORMATION

For Sale is a 40% share of the property for £100,000 with an additional monthly charge of £536.14 which includes Rent, Ground 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.

Particulars

Tenure: Not specified
Council Tax Band: Not specified

Map
Erith (0.54 miles) Belvedere (0.66 miles) Barnehurst (1.48 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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 and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

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

£100,000
Shared Ownership Resale
Estimated Monthly Cost:£1,051
Rent £418
Service Charge £118
Mortgage £515

Share percentage 40%, full price £250,000, £5,000 Min Deposit. Calculated using a representative rate of 4.25%


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.