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Henry House 2061022

Shared ownership

Ringers Road, Bromley, BR1 1AA

For sale
Shared ownership
Photo of Henry House 2061022
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from

£87,000

with min. deposit

£8,700

30% Share from
£87,000
Full market price
£290,000
Minimum deposit
£8,700
Monthly rent
£534
Monthly service charge
£155.07

1 bedroom flat

Available through our resale shared ownership scheme, a fifth floor, one-bedroom apartment in a vibrant location in the heart of Bromley.

   

Property description:

The property comprises a communal entrance with phone entry system, lift access, open plan kitchen and reception, fitted kitchen with integrated appliances, double bedroom with private balcony, bathroom with shower over bath and utility cupboard in hallway. 

 

The property also benefits from access to a communal garden and parking is available by permit only.

 

Length of Lease: 125 years from 2016

Council Tax Band: Bromley Council - C

Gross Internal Area: 72m2

 

LOCAL AREA INFORMATION

  • Traditi…

Features

Communal Garden

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area72
Number of floors1
Entrance floorGround floor
Tenureleasehold
Lease years119

from

£87,000

with min. deposit

£8,700

30% Share from
£87,000
Full market price
£290,000
Minimum deposit
£8,700
Monthly rent
£534
Monthly service charge
£155.07
Hyde New Homes

Hyde New 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

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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