1 bedroom apartment for sale
Rosing Apartments, BR2 9FN
Share percentage 70%, full price £320,000, £22,400 Min Deposit.
Share percentage 70%, full price £320,000, £22,400 Min Deposit
Monthly Cost: £1,683
Rent £277,
Service charge £275,
Mortgage £1,131*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Fourth floor apartment close to Norman Park.
Description
SHARED OWNERSHIP
Full Market Value: £320,000
Share Value (70%): £224,000
Monthly Rent: £276.91
Service Charge: £275.30
Council Tax Band: E
125 year lease commenced July 2015 - 115 years remaining
EWS1 - Remediation work required to balconies but letter of assurance available confirming leaseholders will not be asked to contribute financially towards these works.
The front door to this well presented apartment opens into the hallway with double storage cupboard. The generous open plan living area, which opens onto a private south-east facing balcony, is to your right, and incorporates a recently refurbished kitchen including integrated appliances. The master bedroom includes fitted storage and there is a second smaller bedroom. A family bathroom completes the accommodation which comes with an underground allocated parking space.
Bromley's vibrant town centre is within walking distance with an array of shops, restaurants, bars and the new St Mark's Square development which offers a nine screen multi-plex cinema and stunning landscaped square and restaurants.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £63,257. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that 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 a property in one of 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 of March 2025.
Key Features
- Short walk to station
- Close to amenities
- Pet friendly
- CHAIN FREE
Particulars
Tenure: Leasehold
Lease Length: 115 years
Council Tax Band: E
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual Tour
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 70%, full price £320,000, £22,400 Min Deposit. Calculated using a representative rate of 4.59%
