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Henry House (35110523)

Shared ownership

Henry House, Bromley, BR1 1AA

For sale
Shared ownership
Photo of Henry House (35110523)
Live from space album cover

from

£75,000

with min. deposit

£7,500

25% Share from
£75,000
Full market price
£300,000
Minimum deposit
£7,500
Monthly rent
£680
Monthly service charge
£176.78

1 bedroom flat

Available through our resale shared ownership scheme, a 10th floor (top), one-bedroom apartment situated in Kent. 

 Property description:

The property comprises a communal entrance with lift access, entry system, open plan kitchen and living area, kitchen with standalone appliances, private/wrap around balcony, one bedroom, family bathroom with shower over bath and two spacious hallway cupboards. 

 

The property also benefits from access to a communal garden. 

 

Lease: Commenced 2016 with 125-year term

Council Tax Band: Bromley Council - C

Gross Internal Area: 548.959sq.ft.

 

FINANCIAL INFORMATION

Property Value = £300,000

Percentage Share = 25%

Share …

Features

Communal Garden

Lift access

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area51
Number of floors1
Entrance floorHigher than 9th floor
Tenureleasehold
Key Information Document (1)
Key Information Document (2)

from

£75,000

with min. deposit

£7,500

25% Share from
£75,000
Full market price
£300,000
Minimum deposit
£7,500
Monthly rent
£680
Monthly service charge
£176.78
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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