2 bedroom apartment for sale

Available

8 Gates Drive, ME17 3GE

£117,500 · Shared Ownership Resale

Share percentage 50%, full price £235,000, £5,875 Min Deposit.

Available
2 bedrooms
1 Bathroom
Parking
£117,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 50%, full price £235,000, £5,875 Min Deposit.

Monthly Cost: £1,043
Rent £337, Service charge £36, Mortgage £670*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

£
Eligibility

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

Two bedroom Flat-Over-Garage available on shared ownership

Description

A delightful two-bedroom flat situated in the sought-after Langley Park area. This property offers comfortable living spaces and convenient access to local amenities.

Here are the key features:

  • Master Bedroom:Spacious and bright, with ample room for a double bed and additional furniture
  • Second Bedroom:Ideal for guests, a home office, or a child’s room.
  • Open-Plan Living Area:The living room seamlessly connects to the kitchen, creating a welcoming space for relaxation and entertaining.
  • Kitchen:Modern and well-equipped, with integrated appliances and plenty of storage.
  • Bathroom:A well-appointed bathroom with a bathtub and shower.
  • Parking: 2 Allocated parking spaces
  • Location:Langley Park offers easy access to shops, restaurants, and transport links, including the nearby M20 motorway and Maidstone’s train stations.

Don’t miss the opportunity to make this charming flat your new home!

Key Features
  • EPC Rating B
  • 2 Allocated parking Spaces
  • 2 Spacious bedrooms
  • Modern fitted kitchen and bathroom
Particulars

Tenure: Leasehold
Lease Length: 118 years
Council Tax Band: C

Property Downloads
Key Information Document Energy Certificate
Map
Bearsted (2.64 miles) Maidstone West (3.11 miles) Hollingbourne (3.28 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

Read More Read Less
  • 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.

£117,500
Shared Ownership Resale
Estimated Monthly Cost:£1,043
Rent £337
Service Charge £36
Mortgage £670

Share percentage 50%, full price £235,000, £5,875 Min Deposit. Calculated using a representative rate of 5.26%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.