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2 bedroom apartment for sale

Available

Flat 4, 36 Derby Drive, ME19 5FJ

£96,000 · Shared Ownership Resale

Share percentage 40%, full price £240,000, £4,800 Min Deposit.

Available
2 bedrooms
1 Bathroom
Communal Garden
Parking
£96,000 Shared Ownership Resale

Share percentage 40%, full price £240,000, £4,800 Min Deposit.

Monthly Cost: £1,169
Rent £436, Service charge £198, Mortgage £535*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Summary

The apartment is located on the first floor of a three storey block.

Description

Accommodation

First Floor: Entrance Hall, Open Plan Kitchen/Living Room, Two Bedrooms and a Bathroom/WC.

External: Allocated parking space and Communal Grounds

Location

This property is positioned in a residential area and considered to be in a sought-after location within circa 1½ miles of West Malling town centre and railway station.

Vendor Information

Throughout the property:

A spacious two-bedroom apartment situated in the sought after Leybourne Chase area. With easy access to M20 and M2. There is a corner shop located nearby and a primary school located nearby.

The kitchen/diner is open plan through to the lounge which is open plan benefitting from a double aspect Juliette balcony. This property is for a 40% share opportunity.

Built in 2017, the property comes with one allocated parking space and ten shared visitor spaces available. There is an independent bin store and locked cycle store on the ground floor.

Kitchen 23'7 x 11'11

The kitchen has a range of wall and base units, built in oven with four ring hob and extractor over.

Stainless steel sink.

Fridge/freezer included.

Double glazed window to side.

Dining/living area

Laminate flooring throughout including hallway and cupboard.

Two double glazed windows to side and double-glazed French doors to Juliette balcony.

Bedroom One (Master) 16'4 x 10'4

Fitted carpet.

Double glazed window.

Built in double wardrobe.

Bedroom Two 12'7 x 7'0

Fitted carpet.

Double glazed window.

Bathroom

White suite compromising of low-level W.C, pedestal wash basin and bath with shower over with screen.

Part tiled walls.

Hallway

Large and laminated flooring matching dining/living area.

Large double cupboard in hallway.

Airing cupboard.

Key Features

Purchase Information

For Sale is a 40% share of the property for £96,000.00 with an additional monthly charge of £633.92 which includes Rent, Ground Rent, Service Charge, and Management 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
West Malling (1.14 miles) East Malling (2.01 miles) New Hythe (2.15 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes - Allocated

Outside Space/Garden: Yes - Communal 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

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£96,000
Shared Ownership Resale
Estimated Monthly Cost:£1,169
Rent £436
Service Charge £198
Mortgage £535

Share percentage 40%, full price £240,000, £4,800 Min Deposit. Calculated using a representative rate of 5.03%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.