1 bedroom apartment for sale
***UNDER OFFER*** Flat 4, 37 Derby Drive, West Malling, ME19 5FJ
Share percentage 40%, full price £205,000, £4,100 Min Deposit.
Share percentage 40%, full price £205,000, £4,100 Min Deposit.
Monthly Cost: £1,018
Rent £376,
Service charge £185,
Mortgage £457*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
The apartment is located on the second floor of a three storey block of apartments.
Description
Accommodation
Second Floor: Entrance Hall, Open Plan Kitchen/ Living Room, One Bedroom, and a Bathroom/WC.
External: One allocated parking space.
Communal Areas: Entrance Hall, Staircase/Landing and Communal Grounds.
Location
This property is positioned in a residential area and within a mixed development of houses and flats.
The property is to be in a sought after location, approx. 1 ½ miles of West Malling town centre and railway station.
Key Features
Purchase Information
For Sale is a 40% share of the property for £82,000.00 with an additional monthly charge of £560.68 which includes Rent, Ground Rent, Service Charge, and Management Charge
Additional Information
If you require any further information or wish to arrange a viewing, please contact Orbit Home Ownership Services using the details provided.
Particulars
Tenure: Not specified
Council Tax Band: C
Map
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
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 40%, full price £205,000, £4,100 Min Deposit. Calculated using a representative rate of 5.03%
