1 bedroom apartment for sale

Available

Alderton Court, DA6 7BE

£72,500 · Shared Ownership Resale

Share percentage 25%, full price £290,000, £7,250 Min Deposit.

Available
1 bedroom
1 Bathroom
Floor plan
floor-plan
Floor plan
floor-plan
£72,500 Shared Ownership Resale

Share percentage 25%, full price £290,000, £7,250 Min Deposit.

Monthly Cost: £1,121
Rent £586, Service charge £167, Mortgage £368*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

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Summary

Our Spring Offer: A £1,000 Amazon voucher on completion!* One bedroom modern purpose built flat close to amenities.

Description

SHARED OWNERSHIP

Full Market Value: £290,000

Your pay (25%): £72,500

Monthly rent: £586.20

Monthly service charge: £166.91

Ground rent: £0

Council tax band: C

250 year lease commenced in February 2013 - 239years remaining

For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment*

EWS1 certification status for this property is the responsibility of a third party and is currently unknown. More information on EWS1 certificates can be found on the LQ Group website by searching "EWS1"

This apartment is situated within walking distance to Bexleyheath town centre which offers a range of high street shops, a cinema, supermarkets, a bowling alley and bars and restaurants.

Bexleyheath mainline railway station is within walking distance and offers regular services to London Bridge, Charing Cross and London Victoria.

For those who love to shop, Bluewater shopping centre is easily accessible being less than a 15-minute drive away and offers a wide range of high street and high-end shops. Plus, a cinema, trampoline park, soft play, nature trail and an array of restaurants.

Local popular Danson Park is a perfect place for a Summer stroll, and has a lake for fishing, canoeing, boating or sailing, plus tennis courts and football pitches. For children, there is a fantastic playground and wet play splash area.

The buyer will require a deposit to obtain a mortgage for this property.

To meet affordability for this property we require as a guideline, a minimum household income of £42,255. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note; applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered the property for our schemes. If you are not registered please visit our website www.lqhomes.com and register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as at February 2024.

*The £1,000 Amazon voucher is currently being offered on this 1-bedroom resale apartment and is applicable to any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other 1-bedroom resales shared ownership apartment.

Key Features
  • Dual aspect living area open plan to kitchen and opening onto large balcony
  • Double bedroom with fitted wardrobe
  • Bathroom with white suite
  • Communal heating system
  • Good storage
Particulars

Tenure: Leasehold
Lease Length: 239 years
Council Tax Band: C

Property Downloads
Floor Plan Energy Certificate
Virtual Tour
Map
Barnehurst (0.82 miles) Bexleyheath (0.91 miles) Bexley (1.00 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.

£72,500
Shared Ownership Resale
Estimated Monthly Cost:£1,121
Rent £586
Service Charge £167
Mortgage £368

Share percentage 25%, full price £290,000, £7,250 Min Deposit. Calculated using a representative rate of 4.64%


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.