4 bedroom house for sale
4 St Catherine's Grange, Manston Road, CT12 6NT
Share percentage 30%, full price £417,500, £12,525 Min Deposit.
Share percentage 30%, full price £417,500, £12,525 Min Deposit
Monthly Cost: £1,352
Rent £670,
Service charge £50,
Mortgage £632*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Discover this amazing opportunity to purchase a stunning four-bedroom semi-detached home through Shared Ownership, with a 30% share available for just £125,250 and a 5% deposit of £6,262.50.
Description
Exciting New Development at St. Catherine's Grange
Discover this amazing opportunity to purchase a stunning four-bedroom semi-detached home through Shared Ownership, with a 30% share available for just £125,250 and a deposit of £6,262.50. The full market value of this property is £417,500, with various share options available.
Contact us today to schedule an appointment and explore these remarkable homes in detail!
Financial Breakdown:
Full market value: £417,500
30% share value: £125,250
5% deposit: £6,262.50
Rent charged on unowned share: 2.75%
Rent on unowned share (25%): £669.74 pm
Estimated monthly service charge: £50
Entrance Hall: A welcoming space featuring two spacious storage cupboards, ideal for keeping your home organized. The hallway leads into the kitchen dining space on the right and the living room straight ahead.
Kitchen/Diner: A bright and airy area with generous work surfaces and ample storage, perfect for both cooking and entertaining.
Living Room: Flooded with natural light from the patio doors, which open seamlessly to the garden, creating a harmonious indoor-outdoor living experience.
First Floor: The landing leads to three beautifully appointed bedrooms, including two generous doubles. One of the doubles boasts a private ensuite shower room, while a stylish family bathroom serves the remaining rooms.
Second Floor: Discover the impressive master suite, complete with a dressing area and a luxurious ensuite shower room.
Outside: Enjoy a serene and secluded rear garden, perfect for relaxation and outdoor gatherings. Additionally, this home offers the convenience of one allocated parking bay.
St. Catherine's Grange is a stunning new development located in Manston on the outskirts of Ramsgate. Ramsgate is approximately a 13-minute drive away, with regular trains to London. The development includes plans for a new primary school, railway station, supermarket, community centre, health centre, library, and local shop, as well as ample open spaces and play areas, ensuring there is something to suit everyone's needs.
What is Shared Ownership?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home and pay rent on the remaining share. Later, you can buy larger shares when you can afford to and, if you choose, own the property outright. Monthly costs for purchasing via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
About Places for People
Places for People is a Registered Provider offering these homes for sale on a Shared Ownership basis. We are dedicated to creating communities where residents can live, grow, and flourish. Our goal is to remove the stress associated with moving house, while delivering customer satisfaction and quality new homes.
*Please note, images have been used for illustrative purposes only. Specifications, layout, and finishes may be subject to change.
Key Features
- Full market value £417,500 (30% share available for £125,250)
- Other share options available, speak to our sales team for more information
- 4 bedrooms
- 3 bathrooms
- Generously spread over three floors
- 1,222 sq ft/ 114 sq.m
- One allocated parking space
- Located in the popular St Catherines Grange Development
- 5 minutes drive from Westwood Shopping Centre
- 5 minutes drive from Thanet Parkway Station, with high speed links into London
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
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 30%, full price £417,500, £12,525 Min Deposit. Calculated using a representative rate of 4.59%
