£90,000 /Sale price

This bright, modern, well decorated one bedroom apartment is now available in Sydenham through Shared Ownership.The property on the third floor comprises an entrane hall with a storage cupboard, a spacious living room with an open plan kitchen, one double bedroom and a bathroom. Outside, there is a private balcony, communal grounds and allocated parking. Perfect couples or singles.Available for £90,000 for 25% share based on the marketing figure of £360,000.Monthly rent - £726.12Monthly Service Charge - £171.01Total Monthly Charge - £897.13 plus mortgage required for 25% share.An annual rent increase takes place every AprilLocationThe property is located in Lower Sydenham. There are many schools and activity clubs of different levels close to this property, making this ideal for families with young children. This property has great travel routes into London's hotspots. One can be in London Bridge in 20 minutes by train via the Southeastern line or in half an hour by car. Kings Cross is only 30 minutes away via train, perfect for commuters. Many restaurants and shops are nearby, where one can socialise with friends and family, making this a perfect place to live.EPC ratingEnergy rating band - BEnvironmental impact band - BOther informationHow we allocate Shared Ownership homesWe offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.If the home is managed by SO Resi and MTVHYou can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.If the home is managed by another provider Visit their website to find their allocation policy. Contact us if you have any questions.In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.