Station Road, Sidcup, DA15 7DZ
with min. deposit
1 bedroom flat
The property comprises a communal entrance with phone entry system, open plan dining and reception, fitted kitchen with integrated appliances, double bedroom, family bathroom with shower over bath, double glazing throughout and generous storage space.
The property also benefits from access to a well-maintained communal garden and a off-street permit parking.
Length of Lease: Approx. 994 Years
Council Tax Band: Bexley Council - band B
Gross Internal Area: 45m2
Property Value = £295,000
Percentage Share = 40%
Share Price = £118,000
Monthly Ground Rent = £12.50
*Monthly Rent = £352.74
*Monthly Service Charge = £184.90
|Number of floors||1|
|Entrance floor||Ground floor|
with min. deposit
Hyde New Homes
Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.
You can read more on the Help to Buy FAQ
The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.
Read more about eligibility in the FAQ