2 bedroom apartment for sale
26 Ottley Drive, Kidbrooke, SE3 9FF
Share percentage 25%, full price £475,000, £5,938 Min Deposit.
Share percentage 25%, full price £475,000, £5,938 Min Deposit.
Monthly Cost: £1,562
Rent £651,
Service charge £234,
Mortgage £677*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
You may be eligible for this property if:
· Register your interest (pink button on the right)
· Have a passed initial financial assessment with one of the below companies:
SRC Mortgage Solutions (https://www.srcmortgagesolutions.com/)
TMP The Mortgage People (tmpmortgages.co.uk)
Mortgage Advice Bureau | UK’s leading mortgage intermediary (https://www.mortgageadvicebureau.com)
· You have a gross household income of no more than £90000 per annum when eligible to purchase.
· Live or work in the borough
· You are unable to purchase a suitable home to meet your housing needs on the open market. (Shares cannot be purchased in cash unless you are unable to obtain a mortgage due to age or religious grounds)
· You do not already own a home, or you will have sold your current home before you purchase or rent.
· To purchase this 25% minimum share you will need a minimum joint household income of £54579 and available savings of £5938 for a 5% mortgage deposit.
Summary
Southern Housing are delighted to offer this 2 bedroom, 1 bath 8th floor flat at Deering house
Description
Fantastic two bed apartment located in the heart of South London.
This property benefits from a large open plan reception with a high spec kitchen.
There are two generously sized well-lit bedrooms with ample amount of storage.
The large bathroom is well maintained and decorated to a high standard.
In addition this stunning property bright property is situated on the top floor with a private balcony giving you a panoramic views of London.
Lease Term:125 years from and including 1 January 2014
EPC Rating: 83 B
Council: Greenwich
Council tax band: D
Floor size:72m2
Entrance Hall
Large Storage cupboard
Open plan Living Room/Kitchen: 4.25 x 6.27
Bedroom One: 3.66 x 3.80
Bedroom Two: 3.25 x 3.80
Bathroom: Bath, Basin & WC
The flat has a full wrap around balcony.
There is an allocated parking space for one vehicle.
Due to the anticipated high demand for this property viewing Asap is strongly advised.
Viewings by appointment only. Please note Social Distancing measures need to be followed. Please contact resales via e-mail dionne.lester@southernhousing.org.uk or resales@southernhousing.org.uk for the vendors details.
Once you have viewed the property, if you wish to apply, application form attached to the viewing email, need to be returned to Southern Housing by 27.11.23
Please note though that if a high volume of applications is received, the deadline might be brought forward.
*Please note the successful applicant will be required to pay a £250 non-refundable reservation fee once offered the property.
Key Features
Short walking distance to local amenities.
There are ample amount of leisure facilities including Gyms, restaurants, supermarkets.
This property also falls under the catchment area for Ofsted rated Outstanding schools.
NEAREST STATIONS
Kidbrooke Station
0.3 miles
Lee Station
0.9 miles
Eltham Station
0.9 miles
NEAREST SCHOOLS
Holy Family Catholic Primary School
State School
Ofsted: Requires improvement
0.1 miles
Ealdham Primary School
State School
Ofsted: Good
0.2 miles
Wingfield Primary School
State School
Ofsted: Outstanding
0.4 miles
Newhaven Pupil Referral Unit
Type: N/A
Ofsted: Good
0.4 miles
Particulars
Tenure: Leasehold
Lease Length: 117 years
Council Tax Band: D
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 25%, full price £475,000, £5,938 Min Deposit. Calculated using a representative rate of 5.26%
