Full price: £310,000 The full value of the property
Share value: 45% - £139,500
Estimated monthly cost*: £1,216
Estimated Monthly Mortgage*: £699
SO Resi Monthly Payment: £386.43 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £130 Residents of a development pay this for maintenance of communal/external areas
* Costs shown are approximate, mortgage figures are shown for illustration purposes only and use a guide interest rate of 3.99%. The actual rate will depend on your circumstances and you should seek mortgage advice to establish a personalised illustration of your mortgage.
** Residents of a development pay this for maintenance of communal/external areas
Years on lease: 123
The area is well-served by transport links with two bus stops right outside the building, and Hackbridge station only within 8 minutes walking distance. The flat is located right next to Hackbridge primary school, close to local doctors and only 5 minutes walk away from local Sainsbury's supermarket.
A two bedroom first floor flat located in Hackbridge available for sale through the Shared Ownership Scheme.
Available for £139,500 for 45% share based on the full market value of £310,000.
SO Resi Monthly Payment - £386.43
Monthly Service Charge - £129.86
Total Monthly Charge - £516.29 PLUS MORTGAGE REQUIRED FOR 45% SHARE
Minimum required Income - £45,672
This is a two bedroom first floor purpose built flat within a four storey building of similar properties.The property is located within a modern residential development of mixed properties, with shops and railway station available nearby at Hackbridge.
The property also benefits from a brand new park built on site which is ideal for families.
You can buy more shares for minimum of 10%
Communal entrance lobby with staircase
Private entrance hall with fitted cupboard.
Bathroom with WC
Open plan kitchen/reception room
4.04 x 3.32 plus 2.86 x 4.21.
2.50 x 4.06.
2.77 x 4.06.
Private balcony accessed via lounge area.
Communal grounds and areas, including bin and bike stores.
No allocated parking.
Energy Rating Band - B
Environmental Impact Band - A
All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.
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