1 bedroom apartment for sale
81 Maritime House, Ocean Drive, ME7 1GT
Share percentage 40%, full price £175,000, £3,500 Min Deposit.
Share percentage 40%, full price £175,000, £3,500 Min Deposit.
Monthly Cost: £928
Rent £336,
Service charge £202,
Mortgage £390*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
The apartment is located on the top floor (fifth floor) of a five storey block of apartments.
Description
Accommodation
Fifth Floor: Canopy Porch, Entrance Hall/Stairs, Kitchen, Living Room, Bedroom and a Bathroom/WC.
External: One allocated parking space and balcony.
Location
This property is positioned in a residential area and is located within the Victory Pier development, immediately adjacent to the Medway estuary and to the north side of the side of the A289 Pier Road.
It is the highest quality housing in the immediate locality. The centre of Gillingham is approximately one mile distant and offers a wide range of amenities including a mainline railway station. Access to the M2/A2 motorway.
Key Features
Purchase Information
For Sale is a 40% share of the property for £70,000.00 with an additional monthly charge of £538.50 which includes Rent, and Service 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
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 £175,000, £3,500 Min Deposit. Calculated using a representative rate of 5.03%
