2 bedroom apartment for sale
Galloway Drive, Kennington, TN25 4QQ
Share percentage 35%, full price £195,000, £6,825 Min Deposit.
Share percentage 35%, full price £195,000, £6,825 Min Deposit
Monthly Cost: £1,032
Rent £510,
Service charge £177,
Mortgage £345*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Prior to viewing: All applicants must be registered and approved by Hyde New Homes and may be required to carry out a shared ownership affordability assessment.
Summary
A spacious first floor, two-bedroom apartment in a sought-after location that combines suburban charm with modern convenience.
Description
- Communal entrance with entry system
- Open plan kitchen and reception
- Kitchen with integrated appliances
- Master bedroom with built-in wardrobe
- Family bathroom with shower over bath
- Hallway storage
- Above average energy performance with all electric heating
- Chain free
- Communal courtyard
- Allocated parking
Lease: Commenced 2005 with 125-year term
Council Tax Band: Ashford Council - B
FINANCIAL INFORMATION
Property Value = £195,000
Percentage Share = 35%
Share Price = £68,250
Monthly Rent = £510.09 from 1st April 2025
Monthly Service Charge = £177.44 (TBA from 1st April 2025)
Please note the rent and service charge is reviewed annually 01 April. Your home may be at risk if you do not keep up your mortgage and rent repayments. Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract. Areas, distances or measurements referred to are approximate. For confirmation of property details refer to the terms of the lease and plans from your solicitor. Hyde New Homes Resale properties are sold as seen, photographs and details (excluding financial information) are provided by the leaseholder. Please note that the Resales Team have not visited this property.
Key Features
- Nestled in the peaceful residential area of Kennington, Ashford, this location offers a perfect blend of tranquility and convenience. Ashford Town Centre is within easy reach, providing a diverse selection of shops, restaurants, and essential amenities.
- For leisure and entertainment, nearby Eureka Park features a Cineworld cinema, Bannatyne’s Health Club, McDonald’s, and a Premier Inn. Additionally, the stunning Eastwell Manor Country Estate is just a short distance away, where you can indulge in a luxury spa experience or enjoy a specialist Falconry and Bird of Prey encounter.
- Commuters will benefit from excellent transport links, with Ashford International Train Station offering services to London Victoria via Maidstone, as well as connections to Brighton and mainland Europe. The high-speed rail service to London St Pancras ensures a swift and efficient journey. Road links are equally convenient, with easy access to the M20, providing a direct route to the motorway network.
- Families will appreciate the proximity to well-regarded Primary and Secondary schools, all of which have received positive Ofsted reports.
Particulars
Tenure: Leasehold
Lease Length: 105 years
Council Tax Band: B
Property Downloads
Floor Plan Energy CertificateMap
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
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 £195,000, £6,825 Min Deposit. Calculated using a representative rate of 4.59%
