Share percentage 25%, full price £315,000, £7,875 Min Deposit.
Monthly Cost: £974
Rent £541,
Service charge £35,
Mortgage £398*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
2 bed end of terrace home available for shared ownership from a 25% share
Description
We are delighted to offer a selection of 2 bedroom New Build houses available for shared ownership from a 25% share. ( Further shares are available subject to affordability).The properties benefit from contemporary fitted kitchens and bathrooms, Quality fitted carpets to hall, living room, stairs, landings, and bedrooms. There is an Energy-efficient gas boiler providing hot water and central heating, fibre broadband is available along with solar panels and a dedicated plot charging pillar. All homes benefit from a turfed rear garden and storage shed, and NHBC 12 Year Warranty. Oxenden Park is located on Greenhill Road in Herne Bay, less than two miles from the centre of town and from the beach!. Whitstable can be found five miles to the west, Canterbury seven miles to the south and Margate is around 14 miles to the east. Herne Bay station is a 25 minute walk away with trains to Central London.
Key Features
New to the market!
Available for shared ownership from 25% share
Further shares available subject to affordability
Contemporary fitted kitchen with integrated appliances.
Solar Panels and dedicated plot electric charging pillar
2 Miles from the Beach and town centre
12 Year NHBC Guarantee and 990 year lease
Sought after location
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan Brochure Price ListMap
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 - Private Garden
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 25%, full price £315,000, £7,875 Min Deposit. Calculated using a representative rate of 4.59%
Arun Estates
