2 bedroom apartment for sale
**UNDER OFFER**10 Tower Hill Court, Morris Drive, DA17 6FL
Share percentage 40%, full price £250,000, £5,000 Min Deposit.
Share percentage 40%, full price £250,000, £5,000 Min Deposit.
Monthly Cost: £1,106
Rent £418,
Service charge £118,
Mortgage £570*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
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
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 40%, full price £250,000, £5,000 Min Deposit. Calculated using a representative rate of 5.26%
