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3 bedroom house for sale

Available

Hoo Farm, Monkton Road, Minster, CT12 4JB

£222,500 · Shared Ownership New Build

Share percentage 50%, full price £445,000, £11,125 Min Deposit.

Available
3 bedrooms
2 Bathrooms
Private Garden
Parking
£222,500 Shared Ownership New Build · Eligibility Eligibility

Share percentage 50%, full price £445,000, £11,125 Min Deposit.

Monthly Cost: £1,770
Rent £510, Service charge £21, Mortgage £1,239*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

£
Eligibility

You are eligible to purchase a Home Reach property in England or Wales if:

· Your household income does not exceed £80,000 per annum for homes outside of London (£90,000 in London)

· You have a deposit (at least 5% of the share value)

· You are a first-time buyer or used to own a home, but cannot afford to buy outright now

· The shared ownership property will be your principle and only home

· You have passed a financial assessment, demonstrating you are financially able to purchase the minimum share value and support the monthly costs.

· Household minimum income must be above £12,000

Summary

A stunning countryside development in the sought after village of Minster

Description

Walking into these 3-bedroom terraced homes, you will be immediately greeted by the large open plan kitchen/diner perfect for enjoying family meals. Further into the home you will find a storage cupboard to your right and WC/Utility area to the left with the spacious living area to the rear with French doors leading to the rear garden.

Upstairs, there is an ensuite main bedroom, another good sized double bedroom and a single bedroom which can be utilised as an office space or perfect for a childs bedroom. The first floor is completed by the family bathroom and more built-in storage.

*Images are for illustrative purposes only. Please speak to Sales Adviser for full details*

**Prices vary across plots, please speak to a sales advisor for more information**

Service charge outlined on this portal is heylo’s monthly lease management fee and if applicable, includes an estimated monthly buildings insurance charge. Additional Estate and Service charge fees may apply and are available directly from the sales team on site.

Key Features
  • Open plan kitchen/diner
  • Separate living area
  • Built-in storage
  • Downstairs WC
  • Ensuite to the master
  • Rear garden
  • Gloss white fitted kitchen with Oak effect Laminate Worktops
  • Built in Washing Machine
  • Built in Dishwasher
  • Built in Neue electric oven/extractor fans/induction hobs
  • Grey carpeting to the first floor
  • Vinyl flooring to the ground floor
  • GFCH with panel radiators to all rooms
  • EV charging for one car
  • Smoke alarm is included
  • Carbon Monoxide alarm is not included
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: New build - Council tax band to be determined

Property Downloads
Key Information Document
Map
Minster (0.92 miles) Birchington-On-Sea (2.89 miles) Westgate-On-Sea (3.57 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes

Outside Space/Garden: n/a - Private Garden

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

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£222,500
Shared Ownership New Build
Estimated Monthly Cost:£1,770
Rent £510
Service Charge £21
Mortgage £1,239

Share percentage 50%, full price £445,000, £11,125 Min Deposit. Calculated using a representative rate of 5.03%


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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.