Share Price £158,000 (from 40% Min. Share)

Full Value £395,000 | £15,800 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Bexley

place Kingsmead, St Johns Road, DA14 4HA

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Second(top) floor, two bedroom apartment situated in a popular residential area of Sidcup, Kent.


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.
  • You have an income greater than £ 53,000
  • Your deposit amount is greater than £ 15,800

 


Description

Kingsmead, St Johns Road, Sidcup, Kent, DA14 4HA

Available through a shared ownership resale scheme, a well presented second(top) floor, two bedroom apartment situated in a popular residential area of Sidcup, Kent and close to amenities.

Property Description

The property comprises of a bright secure communal entrance, open plan living/dining room area, modern fitted kitchen with inbuilt oven/hob & island work top, large double bedroom with eave, second double bedroom, family bathroom with shower over bath, double glazing throughout and generous storage space.The property also benefits from access to a well-maintained communal garden & an allocated off street parking space.

Length of Lease:

Approx. 124 Years

Council Tax Band:

Bexley Council Tax Band - C

Gross Internal Area:

80m2


Key Features

 

LOCAL AREA INFORMATION

• Sidcup offers the best of two lifestyles: a peaceful village-like setting with the beautiful Kent countryside on your doorstep but with London’s thriving city life close at hand with only a 30 minute journey time between Sidcup Station and London’s Charing Cross.

• Sidcup’s busy high street is an intriguing mix of independent cafes including La Cucina, Limencello Restaurant and El Iberico. As well as traditional, family pubs including The Seven Stars along Footscray High Street.

• There are boutiques, leading high street restaurants and shops including both a Morrisons and Little Waitrose; perfect for all your day-to-day needs.

• Sidcup High Street, train station and other key amenities are all within easy walking distance of the development. There are also some great walks to help you explore the local area with recreation parks close by.

• The property is within close proximity of local primary/secondary schools.


Download Documents

Property brochure 1 Energy Certificate

Accessibility

C – Lifetime Homes

Meets the space standards of the Lifetime Homes developed by the Joseph Rowntree Foundation. Designed to meet the space standards of Lifetime Homes. Main features include a level approach/entrance and wider doorways. This category will capture all new general needs housing built to Lifetime Homes standards. Properties achieving this category will not necessarily meet all Lifetime Homes design guidance as the LAHR framework does not assess features other than space and access. Properties may have an internal flight of stairs. If so, these will be wide enough to accommodate future provision of a stair lift subject to technical feasibility.


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Calculate Monthly Cost

Share price
£ 158,000
Min. £158,000
Share percentage
Min. 40%
Your deposit
Min. £15,800
Monthly cost*
£1,243
Cost breakdown
£543
Rent
£105
Service charge
£595
Mortgage*
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Location

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.