Hemsley House

Overview

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.

*The £500 B&Q Voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st August 2025 and then completes on the sale before 31st December 2025. 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 payments to any lenders, or third parties. L&Q reserve the right to remove an incentive at any time.

Local area information

Bettenson Close

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.