2 bedroom apartment for sale
Tower Point, Godinton Road, Ashford, Kent, TN23 1AH
Share percentage 35%, full price £205,000, £7,175 Min Deposit.
Share percentage 35%, full price £205,000, £7,175 Min Deposit.
Monthly Cost: £846
Rent £331,
Service charge £151,
Mortgage £364*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a Two Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis
Description
A generously-sized apartment which appears to have been very well looked after by the current owner. The property is on the ground floor of a conveniently-located development and has a spacious reception room with semi-open-plan kitchen area. A door leads out to a private patio on the south-east side of the building. There is a main bedroom with naturally-lit, en-suite shower room plus a large second bedroom and a good-sized bathroom. A built-in storage/utility cupboard has been provided in the hallway and the energy-efficiency rating is very good, thanks to well insulated walls and floor, modern double glazing and gas central heating. The shopping centres and other facilities of Ashford's bustling town centre are only a few minutes walk away. The apartment comes with use of a parking space plus Ashford Railway Station is within easy reach for services between the south-east coast and London Bridge/Waterloo East/Charing Cross/St. Pancras.
SHARED OWNERSHIP (Advertised price represents 35% share. Full market value £205,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://tinyurl.com/8ymnfacm]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Clarion.
Tenure: Leasehold (125 years from 01/04/2010).
Minimum Share: 35% (£71,750). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £330.83 per month (subject to annual review).
Service Charge: £151.02 per month (subject to annual review).
Ground Rent: £150.00 for the year.
Guideline Minimum Income: Dual - £24,100 | Single - £29,600 (based on minimum share and 10% deposit).
Council Tax: Band B, Ashford Borough Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals).
Key Features
- Guideline Minimum Deposit £7,175
- Guideline Income £24.1k (dual) | £29.6k (single)
- Ground Floor with Small Patio Area
- Approx. 837 Sqft Gross Internal Area
- Bathroom plus En-Suite Shower Room
- Parking Space
- Close to Town Centre
- Walking Distance to Ashford Station
Particulars
Tenure: Not specified
Council Tax Band: B
Property Downloads
Key Information Document 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 35%, full price £205,000, £7,175 Min Deposit. Calculated using a representative rate of 4.64%