£82,500

Situated within the popular New Mill Quarter development in Hackbridge, this spacious one bedroom third floor apartment is now available through Shared Ownership.

This property is presented in an excellent condition throughout offering bright and inviting interiors. The property features a generously sized double bedroom, a modern bathroom and a bright and spacious open-plan kitchen and living room, which is flooded with natural light, creating a warm and inviting atmosphere.

The real selling point is the balcony which expands the full length of the apartment and provides access from both the bedroom and living room. A wide entrance hall provides access to all rooms and includes practical storage space.

Available for £82,500 for 30% share based on the marketing figure of £275,000.

Monthly rent - £565.40
Monthly Service Charge - £47.75
Total Monthly Charge - £613.15 plus mortgage required for 30% share.

An annual rent increase takes place every April

This property enjoys a prime location within walking distance of Hackbridge train station, in addition Mitcham Junction train station & tram stop are within easy reach, ensuring excellent transport links into Central London and beyond. Nearby bus routes further enhance connectivity, while the local area boasts a wide range of amenities including a Lidl Supermarket, Sainsburys Local, several schools, doctors’ surgery, pharmacy and post office making it a convenient and desirable place to live.

This apartment also benefits from closeness to Beddington Park, a large green and natural area with ponds and waterfalls.

Energy rating band - C
Environmental impact band - C

Years remaining on lease: 120

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.