1 bed flat for sale

315 High Street, Orpington BR6

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 = £250,000
Percentage Share = 25%
Share Price = £62,500
*Monthly Rent = £528.79
*Monthly Service Charge = £461.63

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

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.

Eligibility:
• Interested applicants should be registered and approved for the scheme by completing our shared ownership eligibility application at .
• 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 = £528.78
*Monthly Service Charge = £461.63