Hemsley House
£105,000 for a 30% share
Property description
Purpose built apartment in Elmstead Woods
Property address
Bettenson Close, Chislehurst, BR7 5FG


Shared Ownership
SHARED OWNERSHIP
Full Market Value: £350,000
Share Value (30%): £105,000
Monthly Rent: £691.14
Service Charge: £200.37
Ground Rent: £ N/A
Council Tax Band: E
125 year lease commenced January 2013 - 112 years remaining
EWS1 - Guidance from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
This bright and airy dual aspect second floor apartment is accessed via a well kept communal entrance. There is a large, open-plan reception room leading directly on to a juliette balcony. The kitchen includes integrated appliances. Of the two double bedrooms, the master comes with fitted storage. A family bathroom completes the accommodation.
This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof
Kings Quarter development is in between Elmstead Woods Station & Chislehurst Village, within the catchment area for Bullers Wood and Babington House Schools. Elmstead woods station is only half a mile away, which offers fast and frequent services into Charing Cross, London Bridge, and Cannon street. The location also offers access to Chislehurst High street with its array of shops, boutiques, restaurants and charming common and ponds.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £53,301. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.com and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of April 2025.
This is an indication of how much these apartments might cost.
For more detailed information please register your interest in this property.
Minimum Full Market Value | £350,000 |
---|---|
Minimum Share Percentage | 30% |
Minimum Share Value | £105,000 |
Monthly Service Charge | £200 |
Minimum Deposit | £10,500 |
Kings Quarter development is in between Elmstead Woods Station & Chislehurst Village, within the catchment area for Bullers Wood and Babington House Schools. Elmstead woods station is only half a mile away, which offers fast and frequent services into Charing Cross, London Bridge, and Cannon street. The location also offers access to Chislehurst High street with its array of shops, boutiques, restaurants and charming common and ponds.
Parking
- Allocated parking
Others
- Central heating
- Double Glazing
Outside space
- Communal Garden