3 bedroom house for sale
Redstart Avenue, ME15 6ZY
Share percentage 50%, full price £340,000, £8,500 Min Deposit.
Share percentage 50%, full price £340,000, £8,500 Min Deposit.
Monthly Cost: £1,375
Rent £368,
Service charge £38,
Mortgage £969*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
Three Bedroom House in Maidstone
Description
West Kent are now marketing this smartly presented three bedroom house in the popular area of Maidstone as part of our Shared Ownership Resales scheme.
Based over three floors, on the ground floor, the property boasts a bright kitchen with integrated appliances with a separate living room with back doors leading out to the garden. Leading upstairs, there are three bedrooms which are carpeted throughout. The family bathroom has a shower over bath.
The share of the property is available at 50%, but you are welcome to staircase and purchase a higher percentage of the property if this is affordable for you (extra legal fees may be added). The terms of the lease for this property are 115 years remaining.
For an opportunity to view this property please register your interest via this website & fill in the application form using the below link quoting "Redstart Avenue" in the top box.
https://www.westkent.org/find-a-home/buy-a-home/shared-ownership-application-form/
Please ensure that your application is up to date with all income and deposit details.
Homes are allocated on a first come basis. To arrange a viewing, we will require confirmation from a financial advisor you are eligible.If you do not have an advisor and would like some suggestions to carry out a free initial assessment, please contact the sales team.
Please also see attached an important document with key information about Shared Ownership to support with any queries you may have and get in touch if you have any follow up questions.
Key Features
- Private Garden
- Three Bedrooms
- Parking
- Pets Allowed
- EPC Rating C
Particulars
Tenure: Leasehold
Lease Length: 115 years
Council Tax Band: D
Property Downloads
Key Information Document 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 50%, full price £340,000, £8,500 Min Deposit. Calculated using a representative rate of 5.26%
