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Flat 41 Varney Court

Shared ownership

Bromley BR2 9YD, Bromley, BR2 9YD

Sale under offer
Shared ownership
Photo of Flat 41 Varney Court
Live from space album cover

from

£126,000

with min. deposit

£12,600

35% Share from
£126,000
Full market price
£360,000
Minimum deposit
£12,600
Monthly rent
£565
Monthly service charge
£159.09

1 bedroom flat

Moat is pleased to present to the market this ninth floor one bedroom apartment in St Mark’s Square. The apartment is located within a complex where there is a cinema, Premier Inn, shops and restaurants. Located in Bromley town centre convenient for Bromley South train station. Bromley itself has country parks and open spaces. Bromley’s shopping centre The Glade is a short distance away.

• Entrance Hall

• Living Room

• Kitchen

• One bedroom

• Bathroom/WC

• Balcony leading off living room

• District heating

• Underfloor Heating

• Bike storage in basement

• Lease date: 122 years from 1 March 2018

• EPC rating – B (84)

• CO2 emissions – Unknown (new EPC …

Features

Balcony

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Entrance floor9th floor
Tenureleasehold
EER Current82
EER Potential82

from

£126,000

with min. deposit

£12,600

35% Share from
£126,000
Full market price
£360,000
Minimum deposit
£12,600
Monthly rent
£565
Monthly service charge
£159.09
Moat Homes

Moat Homes

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

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

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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