2 bedroom house for sale
9 Merlin Drive, Wouldham, ME1 3ZG
Share percentage 50%, full price £327,500, £8,188 Min Deposit.
Share percentage 50%, full price £327,500, £8,188 Min Deposit.
Monthly Cost: £1,333
Rent £375,
Service charge £46,
Mortgage £912*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
- Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
- You have a deposit of at least 5% of the share value
- You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
- This will be your only residence.
- You are a permanent UK resident or have indefinite right to remain.
Summary
Wonderful 2-bedroom terraced house in the Osprey Rise development. The price advertised represents purchasing a 25% share of the home.
Description
Wonderful 2-bedroom terraced house in the Osprey Rise development. The price advertised represents purchasing a 25% share of the home.
About the Development
Two and three bedroom homes available now at Osprey Rise, on the east bank of the River Medway in Tonbridge, Kent. Nestled on the edge of the Kent Downs, this thoughtfully planned development is perfect for families and those setting out on the property ladder.
Situated against the River Medway, nature is on your doorstep with Leybourne Lakes Country Park five miles away offering paddle boarding, scuba diving and water sports.
About the Area
With Snodland train station a five minute drive, you can get into London Charing Cross in just over an hour. You can also drive the 13 miles to Ebbsfleet International Station, getting you to St Pancras in 19 minutes – and the Eurostar service will be stopping at Ebbsfleet International from 2024.
Nearby are the major roads of the M2, M20 and A2, getting you into central London in under 90 minutes or to the delights of Margate in around an hour.
Just 15 minutes away by road is Maidstone, the largest town in Kent, offering food festivals, shopping and cafes and a host of museums, galleries and the spectacular Leeds Castle.
Shared Ownership
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. You can buy a minimum 50% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
T&Cs
*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.
*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change
Key Features
- 2 bedroom mid terraced house
- Flooring throughout
- Storage space
- Modern fitted kitchen
- Allocated parking
- Private garden
- 3 piece bathroom with shower over bath
- There will be an added service charge
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor Plan Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 50%, full price £327,500, £8,188 Min Deposit. Calculated using a representative rate of 5.03%
