1 bedroom apartment for sale
Eastern Avenue, Western Cross, Ebbsfleet Valley, DA10 1FR
Share percentage 35%, full price £260,000, £9,100 Min Deposit.
Share percentage 35%, full price £260,000, £9,100 Min Deposit.
Monthly Cost: £955
Rent £399,
Service charge £97,
Mortgage £459*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a One Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis
Description
This spacious, one-bedroom flat is on the ground floor of a recently-constructed development (sometimes called Blackstone House) and appears in excellent condition throughout. The property has a twenty-five-foot reception room with attractive flooring and open-plan kitchen area featuring sleek units and integrated appliances. A glazed door leads out to a south/south-west-facing patio. The bedroom is large and the bathroom stylish and modern. A storage/utility cupboard has been provided in the entrance hallway and well insulated walls and floor, high performance glazing and gas central heating all contribute towards a very good energy-efficiency rating. The huge range of shops and other amenities that Bluewater Shopping Centre has to offer are only a short walk away and Greenhithe Railway Station can also be reached on foot or by brief bike ride. The property, which is held on a very long lease, comes with an allocated parking space plus shared use of some additional visitor spaces.
SHARED OWNERSHIP (Advertised price represents 35% share. Full market value £260,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/2epverv2]
(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 (999 years less 5 days from 01/01/2021).
Minimum Share: 35% (£91,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £399.26 per month (subject to annual review).
Service Charge: £96.91 per month (subject to annual review).
Guideline Minimum Income: Dual - £28,300 | Single - £34,600 (based on minimum share and 10% deposit).
Council Tax: Band C, Dartford 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 £9,100
- Guide Min Income Dual £28.3k | Single £34.6k
- Ground Floor with Balcony/Patio Area
- Approx. 546 Sqft Gross Internal Area
- Open Plan Kitchen/Reception Room
- Parking Space
- Short Walk from Bluewater Shopping Centre
- Very Long Lease
Particulars
Tenure: Leasehold
Lease Length: 996 years
Council Tax Band: C
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 £260,000, £9,100 Min Deposit. Calculated using a representative rate of 4.59%