315 High Street, Orpington, BR6

Asking price £62,500 1 bedroom flat/apartment for sale

1 Bed
1 Bathroom
1 reception

This property has light and bright accommodation comprising: -Entrance hall with storage cupboard, bathroom, lounge/diner opening into the kitchen area, master bedroom and a balcony with far reaching views.

FINANCIAL INFORMATION
Property Value = £270,000
Percentage Share = 25%
Share Price = £67,500
*Monthly Rent = £512.39
*Monthly Service Charge = £298.10

Please note the rent and service charge is reviewed annually 01 April.

Eligibility:
• Interested applicants should be registered and approved for the scheme by completing our shared ownership eligibility application at https://hydehousingpoc.force.com/salesandmarketing/s/sharedownershipregistration.
• To be eligible an applicant’s household income cannot exceed £80,000 for a property outside of London or £90,000 for a property in London.
• Homeowners can be considered; however, exchange of contracts for this sale cannot take place until their current property ownership has been terminated.

Affordability:
• Applicants should be able to obtain a high street mortgage (an adverse credit lender may not be excepted by the Association).
• Where a mortgage is not accessible, cash purchasers will be considered on a case-by-case basis.
• Applicants must have a good credit history – no CCJ’s or loan defaults.
• A successful candidate must pass the shared ownership affordability assessment with an Independent Financial Advisor. This advisor will be appointed from the Hyde New Homes panel.

FINANCIAL INFORMATION
Property Value = £270,000
Percentage Share = 25%
Share Price = £67,500
*Monthly Rent = £512.39
*Monthly Service Charge = £298.10

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Location

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315 High Street, Orpington, BR6

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