Share percentage 40%, full price £235,000, £9,400 Min Deposit.
Monthly Cost: £1,005
Rent £432,
Service charge £98,
Mortgage £475*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
2 bed third floor apartment available for shared ownership. Ideal first time purchase
Description
We are delighted to introduce this two bedroom, open plan modern apartment to the market for shared ownership from a 40% share. ( further shares are available subject to affordability ) The property benefits from floor to ceiling windows giving a light and airy feel to your open plan living accommodation. The kitchen is fitted with an electric integrated oven, electric hob and fridge freezer, and the apartment benefits from an allocated parking space and use of the podium level courtyard outside.
Situated close to Maidstone town centre and to all the amenities it has to offer including excellent shopping facilities and variety of restaurants and cafes, theatre, cinema and nightlife. With easy access to road and rail links (51 minutes on the High Speed from Maidstone West to St Pancras) you have the best of both worlds with Central London and the Kent countryside on your doorstep. The apartments is finished to a high standard and is an ideal first time purchase.
Key Features
Third floor apartment
Available for shared ownership
from a 40% share
Ideal first time purchase
Integrated oven, hob and fridge
freezer.
Allocated undercroft parking
space.
Communal podium level
courtyard.
Under NHBC 12-year warranty
Kitchen: 10'4 x 6'9 (3.15m x 2.06m)
Living Room: 22'4 x 15'3 (6.81m x 4.65m)
Bedroom 1: 11'1 x 10'10 (3.38m x 3.30m)
Bedroom 2: 12'9 x 9'10 (3.89m x 3.00m)
Bathroom
Communal Podium Courtyard
Allocated parking
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: C
Property Downloads
Floor Plan BrochureMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes
Outside Space/Garden: n/a - Communal Terrace
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £235,000, £9,400 Min Deposit. Calculated using a representative rate of 4.59%
