2 bedroom apartment for sale

Available

Merlin Court, 28 Handley Drive, SE3 9BW

£162,000 · Shared Ownership Resale

Share percentage 30%, full price £540,000, £8,100 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Balcony/Terrace
£162,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 30%, full price £540,000, £8,100 Min Deposit.

Monthly Cost: £2,129
Rent £785, Service charge £421, Mortgage £923*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

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Eligibility

Priority is given to applicants who areserving British Military personnel. Applicants should live or work in the local authority.

Summary

Beautifully presented two bedroom apartment

Description

Moat is pleased to bring to the market this 2 bedroom apartment located in Kidbrooke Village. The village itself has local amenities including a village store, Sainsbury’s Local, David Lloyd’s Club, café and delicatessen, pharmacy, information centre and community centre. There is a selection of schools in the area including Wingfield Primary School and Holy Family Catholic Primary School. Kidbrooke train station is approx. half a mile away with services into central London. Kidbrooke has very good connections to the A2 and M25 motorway.

Key Features
  • Entrance hallway
  • Open plan lounge / dining area
  • Kitchen
  • Two bedrooms
  • Bathroom
  • Gas central heating
  • Balcony (accessed via lounge)
  • Lease date: 125 years from 1.9.2016
  • EPC rating – B (83)
  • Council tax band – D
  • Pets will not be permitted in apartments.
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified

Property Downloads
Brochure Energy Certificate
Map
Kidbrooke (0.13 miles) Blackheath (0.88 miles) Lee (0.99 miles)
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.

£162,000
Shared Ownership Resale
Estimated Monthly Cost:£2,129
Rent £785
Service Charge £421
Mortgage £923

Share percentage 30%, full price £540,000, £8,100 Min Deposit. Calculated using a representative rate of 5.26%


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.