Pear Tree House
£115,000 for a 50% share
Property description
One bedroom ground floor apartment with allocated parking
Property address
Chipperfield Rd, Orpington, BR5 2FD
1 
1 SHARED OWNERSHIP
Full Market Value: £230,000
Share Value (50%): £115,000
Monthly Rent: £277.43
Service Charge: £215.44
Ground Rent: £100 per annum
Council Tax Band: B
125 year lease commenced April 2009 - 111 years remaining
Guidance from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 certificate for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment*
Enter this well presented apartment via a hallway with fitted cupboard that leads into the open plan living area with doors to a private balcony. A spacious bedroom with room for a home office and family bathroom complete the accommodation.
Situated in a residential area and conveniently located for Nugent Shopping Park and Orpington High Street, where you will find a large selection of shops, restaurants and a cinema. St Mary's Cray train station is located within 0.9 miles and has fast and frequent services into London Blackfriars, Victoria and Sevenoaks. There is also a regular bus service is just 0.1 mile away providing excellent services into Sidcup or Orpington town centres.
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 £40.800 If you are offered the property, 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. In order to register, please visit our website lqhomes.com to register and 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 May 2024.
*The £1,000 Amazon voucher is currently being offered on this 1-bedroom resale apartment and is applicable to any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct
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 | £230,000 |
|---|---|
| Minimum Share Percentage | 50% |
| Minimum Share Value | £115,000 |
| Monthly Service Charge | £215 |
| Minimum Deposit | £11,500 |
Situated in a residential area and conveniently located for Nugent Shopping Park and Orpington High Street, where you will find a large selection of shops, restaurants and a cinema. St Mary's Cray train station is located within 0.9 miles and has fast and frequent services into London Blackfriars, Victoria and Sevenoaks. There is also a regular bus service is just 0.1 mile away providing excellent services into Sidcup or Orpington town centres.
Parking
- Allocated parking
Others
- Balcony
- Central heating
- Double Glazing
- Pets allowed
Outside space
- Communal Garden