3 bedroom apartment for sale
***UNDER OFFER*** 98 Maritime House, Medway, ME7 1GT
Share percentage 25%, full price £355,000, £4,438 Min Deposit.
Share percentage 25%, full price £355,000, £4,438 Min Deposit.
Monthly Cost: £1,570
Rent £746,
Service charge £330,
Mortgage £494*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
The apartment is located on the sixth floor of a six storey block of apartments.
Description
Accommodation
Sixth Floor: Open Plan Kitchen and Living Room, Family Bathroom, Three Bedrooms (Main ensuite).
External: Allocated parking space and Two Exterior Balconies.
Location
This property is positioned in part of a modern and purpose- built residential development on Ocean Drive.
The subject property is close to several key transport links including Gillingham, Chatham and Rainham.
Key Features
Purchase Information
For Sale is a 25% share of the property for £88,750 with an additional monthly charge of £1,075.45 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: E
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 25%, full price £355,000, £4,438 Min Deposit. Calculated using a representative rate of 5.03%
