1 bedroom apartment for sale
Gillingham Gate Road, ME4 4RX
Share percentage 25%, full price £215,000, £2,688 Min Deposit.
Share percentage 25%, full price £215,000, £2,688 Min Deposit.
Monthly Cost: £862
Rent £370,
Service charge £193,
Mortgage £299*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
ELIGIBILITY CRITERIA:
To be eligible for a home at Cavalier Court, you'll need to:
- Have a combined household income under £80,000 per annum
- Not already own a property, or part of a property, at the time of completing on your purchase
- Be unable to purchase a suitable home to meet your housing needs on the open market
- Have a minimum of £5,000 to cover the costs of buying a home
- Priority will be given to applicants with a living or working connection to Medway Local Authority
If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.
Summary
Beautiful new 1 bedroom Shared Ownership apartment | 571 sq ft & open plan living | Integrated appliances | Close to local amenities | Available with a 5% deposit from just £2,688*
Description
OVER 50% SOLD!
EXCLUSIVE INCENTIVES AVAILABLE - SPEAK TO OUR SALES TEAM TO FIND OUT MORE!
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Where tranquil waterfront living meets town living
A beautiful collection of 1 & 2 bedroom apartments available with Shared Ownership.
Plot B1.01 is a first floor 50 square metre 1 bedroom apartment located in Minerva Place with open plan living, a range of integrated appliances and fitted wardrobes to the bedroom at Cavalier Court, Chatham, available to purchase through Shared Ownership for a 25% share.
Financial Breakdown:
- Full Market Value: £215,000
- 25% Share Value: £53,750
- 5% deposit of 25%: £2,688
- Rent on unowned share: £370 per month
- Service Charge: £192.65 per month
- Council Tax: TBC*
Overlooking the historic Chatham Docks, Cavalier Court brings an exciting new community in Chatham, a town well known for its rich maritime history. With a vast range of amenities available and ideally located for commuting, Chatham is the perfect place to call home.
Your new home at Cavalier Court has been built around your lifestyle including modern, open plan living areas that are full of natural light. Kitchens are streamlined and well equipped, with integrated appliances.
Whether it’s by road or rail, getting around has never been simpler. Gillingham Railway Station keeps you connected to other areas of Kent and London. By road, the A2 and M2 are just a stone’s throw away, offering access to wider road networks.
With a bustling high street and town centre, Gillingham has a variety of shops, equipped with essentials for everyday living including The Pentagon Shopping Centre. With over 70 high street favourites, the centre is a great place to splurge, grab a bite to eat or stop for a coffee.
If you fancy watching live football, head to Priestfield Stadium to see Gillingham FC, or the “Gills”, in action. Or, if you’re looking to keep healthy and active, there is a gym nearby offering personal training, a range of classes and over 220 pieces of state-of-the-art gym equipment. Whether you’re a fitness novice or an experienced gym-goer, there’s something here for everyone.
Legal & General Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can get on the property ladder sooner than you think with a lower deposit.
Homes at Cavalier Court are ready to move into now.
For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.
LOCAL AREA
Wherever you go, travel with ease
Where the past meets the present and modern living is reimagined, Chatham has something to suit all tastes. With reliable transportation links, your new home at Cavalier Court Is only an 8 minute drive to Gillingham Railway Station which provides links into Rochester in 8 minutes, Bromley South in 32 minutes or Dartford in 41 minutes.
If you’re commuting into the city, you can be in Stratford International in 36 minutes, London St Pancras International in 44 minutes or London Victoria in 54 minutes. You will have great road connections too with the A2 and M2 nearby giving you easy access to Maidstone, Sevenoaks, Canterbury and Ashford to name a few.
When it’s time to relax, you’ll be spoilt for choice with a plethora of open green spaces, all just a stone’s throw from your new home. Whether you’re after walking routes, cycle paths or wildflower areas, Great Lines Heritage Park is a 6 minute drive and boasts spectacular views of The Medway and is the perfect place to escape to from the busyness of everyday life.
Or, an 8 minute cycle ride away and close to the centre of Chatham, you can explore Hillyfields which is popular amongst locals and is known for its children’s play areas, open grassland and wooded orchard. This large open space makes it the ideal place for ball games, dog walking, jogging and summertime picnics.
You can even explore the Kent Downs from your new home at Cavalier Court, a nationally protected landscape, boasting ancient bluebell woodlands, rugged chalk coastline and rare chalk grassland. Discover the quaint villages nestled amongst this area of exceptional beauty and easy accessible trail walks, such as White Horse Wood, which is only a 30 minute drive.
For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.
WHAT IS SHARED OWNERSHIP?
Shared Ownership is a more affordable way to have the security and stability of owning your own home. Shared Ownership is a government backed part buy/part rent scheme designed to help you take that first step on the property ladder. The scheme enables buyers to purchase a share of the value of the home - this is usually between 25 to 75 percent of the value of the property - and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property at a later date (known as Staircasing).
Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.
For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.
Council Tax: TBC
Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.
Interior photos are CGIs and are representative only.
Key Features
Key Features:
- Indesit electric single oven, ceramic hob and integrated cooker hood
- Indesit integrated fridge/freezer
- Indesit freestanding washer/ dryer to utility cupboard
- Close to a range of local amenities
- Green open spaces just a stone's throw away
- Great transport connections
- Exclusive incentives available
- NHBC 12-year build warranty
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan Brochure Brochure Price List Energy CertificateVirtual Tour
Video Tour
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 £215,000, £2,688 Min Deposit. Calculated using a representative rate of 5.03%