1 bedroom apartment for sale
38 Maritime House, Ocean Drive, ME7 1GS
Share percentage 30%, full price £180,000, £2,700 Min Deposit.
Share percentage 30%, full price £180,000, £2,700 Min Deposit.
Monthly Cost: £876
Rent £377,
Service charge £198,
Mortgage £301*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
The apartment is located on the second floor of a seven storey block of apartments.
Description
Accommodation
Second Floor: Entrance Hall/Stairs, Kitchen, Living Room, Bedroom, and a Bathroom/WC.
External: Allocated parking spaces via a permit to the communal parking area and a balcony.
Location
This property is positioned in a mix of residential and commercial properties. It is close to good amenities.
Key Features
Purchase Information
For Sale is a 30% share of the property for £54,000.00 with an additional monthly charge of £574.93 which includes Rent, Ground Rent and Service Charge.
Additional Information
If you require any further information or wish to arrange a viewing, please contact Orbit Home Ownership Services using the details provided.
Particulars
Tenure: Not specified
Council Tax Band: C
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 30%, full price £180,000, £2,700 Min Deposit. Calculated using a representative rate of 5.03%