Embassy Court 6214824
2 bedroom homes for sale in Embassy Court, Welling, DA16 1AB
Scheme | Shared ownership |
Availability | For sale |
Minimum share price from | £114,000 for a 40% share |
Full price from | £285,000 |
Minimum deposit from | £11,400 |
Monthly rent from | £407 |
Service charge from | £271 |
Council tax band | C |
Bedrooms | 2 |
Bathrooms | 1 |
Features |
- Allocated parking
- Balcony
- Lift access
|
Overview
Available through our resale shared ownership scheme, a fourth floor, two-bedroom apartment in Welling.
Property description:
The property comprises a communal entrance with entry system, lift access, open plan kitchen and reception, kitchen with integrated appliances, private balcony, two bedrooms, family bathroom with shower over bath and hallway storage.
The property also benefits from access to a communal roof terrace and allocated parking.
Lease: Commenced 2011 with 130-year term
Council Tax Band: Bexley Council - C
Approx. Gross Internal Area: 666sq.ft.
LOCAL AREA INFORMATION
- Welling High Street offers plenty of shops, bars and restaurants to cater for your everyday needs and there is a Tesco Superstore on the ground floor of the development.
- Bexleyheath is a short distance away providing a range of well-known High Street names, fashionable stores and a monthly farmers' market. Broadway Shopping Centre and Bluewater Shopping Centre are all in proximity.
- The location is convenient for commuters with Welling station connecting to London in 30-minutes and it's a short bus route to the London Underground, DLR and Elizabeth Line. The A2 also provides easy access to the motorway network.
- For open green space head to Danson Park and for your fitness and health the Crook Log Leisure Centre is just under a mile away.
FINANCIAL INFORMATION
Property Value = £285,000
Percentage Share = 40%
Share Price = £114,000
*Monthly Rent = £406.86
*Monthly Service Charge = £271.26
**Monthly Mortgage Payment = £583
***Annual Household Income = £45,000
*Please note the rent and service charge is reviewed annually 01 April.
** Based on a 90%, 30-year repayment mortgage with an interest rate at 5.5%.
***Is based on a 10% mortgage deposit. If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced.
Your home may be at risk if you do not keep up your mortgage and rent repayments. Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract. Areas, distances or measurements referred to are approximate. For confirmation of property details refer to the terms of the lease and plans from your solicitor. Hyde New Homes Resale properties are sold as seen, photographs and details (excluding financial information) are provided by the leaseholder. Please note that the Resales Team have not visited this property.
Local area information
Welling
as above