Available

£140,250

Chipperfield Road, Orpington, BR5 2FD
Share 55% / Full price £255,000 / Min deposit £14,025

Apartment
2 bedrooms
1 bathroom
Pets allowed

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Summary

Small block with gated parking close to A20

Eligibility

You can apply to buy the home if all of the following apply:

  • your household income is £90,000 or less
  • you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs

One of the following must also be true:

  • you're a first-time buyer
  • you used to own a home but cannot afford to buy one now
  • you're forming a new household - for example, after a relationship breakdown
  • you're an existing shared owner, and you want to move
  • you own a home and want to move but cannot afford to buy a new home for your needs

If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.

As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.

Description

SHARED OWNERSHIP

Full Market Value: £255,000

Share Value (55%): £140,250

Monthly Rent: £317.16

Service Charge: £223.23

Ground Rent: £100 per annum

Council Tax Band: B

125 year lease commenced April 2009 - 107 years remaining

Guidance from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 certificate for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.

Enter this dual aspect apartment via a hallway with storage and utility cupboard. The main reception room opens one small private balcony. Find a separate kitchen/breakfast room fitted with Beech effect wall and base units and including integrated oven, hob and extractor. Ther are two west facing double bedrooms, one larger than the other and these are served by a family bathroom.

Situated in a residential area and conveniently located for Nugent Shopping Park and Orpington High Street, where you will find a large selection of shops, restaurants and a cinema. St Mary's Cray train station is located within 0.9 miles and has fast and frequent services into London Blackfriars, Victoria and Sevenoaks. There is also a regular bus service is just 0.1 mile away providing excellent services into Sidcup or Orpington town centres.

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 £44,224. If you are offered the property, 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. In order to register, please visit our website lqhomes.com to register and 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 April 2026.

Description

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Material information

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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.
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Monthly cost calculator
£140,250 Shared Ownership Resale Full price £255,000
Estimated monthly cost £1,236
£

How is this calculated?

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