Share percentage 40%, full price £327,500, £13,100 Min Deposit.
Monthly Cost: £1,272
Rent £450,
Service charge £146,
Mortgage £676*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
A modern 2-bedroom riverside apartment, just a short walk away from Canterbury City Centre! Book your viewing today!
Description
A modern 2-bedroom apartment in the heart of Canterbury, perfect for first time buyers and growing families.
The home boast contemporary specifications and comes complete with integrated appliances and quality flooring fitted at no additional cost, ensuring a hassle-free move-in experience.
Located on your doorstep is the River Stour, with public pathways into the city centre where you can enjoy a vibrant array of shops, restaurants, and amenities.
But it's not just about the local scene— the apartments offer more than just a great location. With access to two train stations, commuting to central London has never been easier, where you can reach London St Pancras in 55 minutes.
Prices start from £131,000 for a 40% share, based on a full market value of £327,500.
Your estimated monthly outgoings*:
Monthly rent: £450
Monthly service charge: £146
Total outgoings**: £1,356
Minimum household income: £48,000
10% deposit: £13,100
Please note that the Council Tax banding is not set until after legal completion. For more information, please refer to your Local Authority.
About the home
This 2-bedroom home at Riverside Square presents a spacious and well-designed living space. The residence boasts an open-plan kitchen/living/dining area, seamlessly integrating functionality and style. A focal door opens to a private terrace, providing a perfect spot for relaxation. The master bedroom features a fitted wardrobe, adding practical storage solutions to the home. With integrated appliances, fitted flooring, and a high-quality specification, this residence is tailored for a hassle-free move-in experience.
Living at Riverside Square
Riverside Square is a collection of 1,2 & 3 bedroom apartments and 3 bedroom houses, exclusively available with shared ownership. The homes are a short walk away from The Riverside, a £115 million mixed-use development at the centre of a new leisure quarter in the historic City of Canterbury.
The development has a new public square at its heart and overlooks the River Stour that runs through the city centre. This leisure-led destination is anchored by a 5 screen, iconic Curzon cinema. Restaurants and bars wrap around the new public square, with demised external seating and sufficient areas to host pop-up events to animate and enliven the public realm.
The Hyde Difference
- Over 90% customer satisfaction for 11 consecutive years
- Experienced in-house sales team to help you with the process to owning your own home
- Option to purchase more shares and own your home outright at any time
- High specification as standard
- Contemporary kitchen units with integrated appliances
- NHBC warranty
- Quality flooring included at no extra cost
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan BrochureMap
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 £327,500, £13,100 Min Deposit. Calculated using a representative rate of 4.80%
