2 bedroom apartment for sale
Brenchley House, 1 Edward Betts Close, ME20 7FQ
Share percentage 40%, full price £250,000, £10,000 Min Deposit.
Share percentage 40%, full price £250,000, £10,000 Min Deposit.
Monthly Cost: £1,058
Rent £412,
Service charge £141,
Mortgage £505*
Calculated using a representative rate of 4.59%
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
Available through our resale shared ownership scheme, a second floor, two-bedroom apartment in Aylesford.
Description
The property is one of the largest 2 beds in the block, it comprises a communal entrance, open plan kitchen and reception, kitchen with integrated appliances, two bedrooms, family bathroom with shower over bath and hallway storage.
The property also benefits from off-street, allocated parking with visitor space.
Lease: Commenced 2017 with 125-year term
Council Tax Band: Tonbridge & Malling Council - C
Approx. Gross Internal Area: 731sq.ft.
Prior to viewing: All applicants must be registered and approved by Hyde New Homes and may be required to carry out a shared ownership affordability assessment.
FINANCIAL INFORMATION
Property Value = £250,000
Percentage Share = 40%
Share Price = £100,000
Monthly Rent = £411.50
Monthly Service Charge = £141.46
Please note the rent and service charge is reviewed annually 01 April.
Your home may be at risk if you do not keep up your mortgage and rent repayments. Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract. Areas, distances or measurements referred to are approximate. For confirmation of property details refer to the terms of the lease and plans from your solicitor. Hyde New Homes Resale properties are sold as seen, photographs and details (excluding financial information) are provided by the leaseholder. Please note that the Resales Team have not visited this property.
Key Features
- Just a short drive away, the South Aylesford Retail Park offers a wide range of high street stores, including Sainsbury’s, M&S Foodhall, and other major retailers. For more extensive shopping, the Royal Star Arcade and The Mall Maidstone are within a 15-minute drive, providing fashion outlets, cafés, and independent shops. Aylesford Village itself retains its historical charm and boasts a selection of cosy pubs, such as The Hengist and The Chequers, along with independent shops and restaurants. For health services, there are GP surgeries and pharmacies nearby, ensuring easy access to medical care.
- Aylesford Station is located just a few minutes away, providing regular train services to London Victoria and Maidstone, making travel into central London straightforward. New Hythe Station is also nearby, offering additional services to London and the surrounding areas. For drivers, the property is ideally located near the M20 motorway, giving quick access to Maidstone, Ashford, Folkestone, and routes towards London and Dover. Local bus routes also serve the area, providing connections to Maidstone, Chatham, and other nearby towns.
- Aylesford Primary School and St Peter’s Church of England Primary School are both popular choices, known for their strong community focus and high standards of teaching. For secondary education, Aylesford School is a comprehensive option, offering a range of academic and extracurricular activities. Additionally, Maidstone Grammar School and Invicta Grammar School, both located in nearby Maidstone, provide selective education options for students.
Particulars
Tenure: Leasehold
Lease Length: 118 years
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
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 40%, full price £250,000, £10,000 Min Deposit. Calculated using a representative rate of 4.59%
