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3 bedroom apartment for sale

Available

Frognal Place, DA14 6LS

£195,000 · Shared Ownership Resale

Share percentage 60%, full price £325,000, £19,500 Min Deposit.

Available
3 bedrooms
2 Bathrooms
Communal Garden
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£195,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 60%, full price £325,000, £19,500 Min Deposit

Monthly Cost: £1,549
Rent £410, Service charge £171, Mortgage £968*

Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

£
Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £90,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.

Prior to viewing: All applicants must be registered and approved by Hyde New Homes and may be required to carry out a shared ownership affordability assessment.

Summary

Offering both space and convenience in a popular part of Sidcup, this second floor, three-bedroom flat is a great opportunity for buyers seeking value and connectivity within Greater London.

Description
  • Communal entrance with entry system
  • Open plan kitchen and reception
  • Kitchen with standalone appliances
  • Private balcony
  • Family bathroom with shower over bath
  • Master bedroom with ensuite
  • New hot water cylinder from 2024
  • Underfloor heating
  • Communal garden
  • Off street parking

Lease: Commenced 2017 with 999-year term

Council Tax Band: Bexley Council – D

Eligibility: Priority for NHS workers and keyworkers, others can enquire about the waiting list.

Monthly Ground Rent = £29.16

Please note the rent and service charge is reviewed annually 01 April. Your home may be at risk if you do not keep up your mortgage and rent repayments. Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract. Areas, distances or measurements referred to are approximate. For confirmation of property details refer to the terms of the lease and plans from your solicitor. Hyde New Homes Resale properties are sold as seen. Please note that the Resales Team have not visited this property.

Key Features
  • The surrounding area offers a wide range of everyday conveniences, with supermarkets, cafés, restaurants, and parks all nearby.
  • Sidcup Station is within easy reach, offering regular rail services to London Charing Cross and Cannon Street, making this an excellent location for commuters. The property also enjoys good road links to the A20 and M25, connecting you to South East London, Kent, and beyond.
  • Families will appreciate access to well-regarded local schools, including a number of Ofsted-rated primary and secondary options in the area. The nearby High Street offers everything from banks to boutiques, creating a lively and well-served neighbourhood.
Particulars

Tenure: Leasehold
Lease Length: 991 years
Council Tax Band: D

Property Downloads
Key Information Document Floor Plan Energy Certificate
Map
Sidcup (1.05 miles) Albany Park (1.39 miles) St Mary Cray (1.70 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes - Off Street

Outside Space/Garden: Yes - Communal Garden

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

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.

£195,000
Shared Ownership Resale
Estimated Monthly Cost:£1,549
Rent £410
Service Charge £171
Mortgage £968

Share percentage 60%, full price £325,000, £19,500 Min Deposit. Calculated using a representative rate of 4.42%


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.