1 bedroom apartment for sale
Flat 8, 1 Culverden Park, TN4 9QZ
Share percentage 50%, full price £190,000, £4,750 Min Deposit.
Share percentage 50%, full price £190,000, £4,750 Min Deposit.
Monthly Cost: £971
Rent £288,
Service charge £154,
Mortgage £529*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
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
Fantastic third floor 1 bedroom apartment, with views and close to town centre and train station
Description
This is a highly desirable location if you are looking to be in centre of Tunbridge Wells, within walking distance to the shops, restaurants and bars of the town centre. The train station is also within walking distance and it is an approximate 45 minute journey to London Charing Cross.
A perfect first time buy, this one double bedroom, third floor apartment is currently sold as a shared ownership property, whereby you can buy a 50% share. Should you wish to buy the remaining shares when you purchase the property, this can be arranged if eligible.
The property offers no onward chain.
Key Features
Walking distance to the town centre and train station
Open plan living and kitchen area
Recently refitted bathroom suite
One double bedroom
Perfect for first time buyers
No chain
Particulars
Tenure: Leasehold
Lease Length: 107 years
Council Tax Band: B
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 50%, full price £190,000, £4,750 Min Deposit. Calculated using a representative rate of 5.03%
