2 bedroom apartment for sale
**UNDER OFFER** 13 Tower Hill Court, Morris Drive, DA17 6FL
Share percentage 40%, full price £265,000, £5,300 Min Deposit.
Share percentage 40%, full price £265,000, £5,300 Min Deposit.
Monthly Cost: £1,138
Rent £416,
Service charge £118,
Mortgage £604*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
The apartment is located on the 1st floor of a four-storey block of apartments.
Description
ACCOMMODATION
First Floor: Kitchen, Lounge/Dining Room, Two Bedrooms and a Bathroom/WC.
Key Features
LOCATION
This property is positioned in a residential area and is a distance of approximately 3.2 miles of Bexley town centre.
PURCHASE INFORMATION
For Sale is a 40% share of the property for £106,000 with an additional monthly charge of £534.50 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: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C
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 £265,000, £5,300 Min Deposit. Calculated using a representative rate of 5.26%