2 bedroom apartment for sale
***UNDER OFFER*** 26 Maritime House, Ocean Drive, ME7 1GS
Share percentage 30%, full price £230,000, £3,450 Min Deposit.
Share percentage 30%, full price £230,000, £3,450 Min Deposit
Monthly Cost: £1,199
Rent £535,
Service charge £280,
Mortgage £384*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
The apartment is located on the second floor of a steven storey block of apartments.
Description
Accommodation
Communal Area: Communal areas include entrance reception, staircase, lift, landings and communal grounds.
Second Floor: Entrance Hall, Kitchen, Living Room, Two Bedrooms, an Ensuite shower room/WC to the master bedroom and a bathroom/WC.
External: Balcony accessible from the living area.
Location
This property is positioned in a residential area within the Victory Pier development, close to the river Medway. The development includes several similar style blocks, including student accommodation blocks and a Premier Inn.
The property is in a sought-after location close to local shops and amenities and within approx. one mile of Gillingham railway station.
Key Features
Purchase Information
For Sale is a 30% share of the property for £69,000.00 with an additional monthly charge of £815.56 which includes Rent and Service 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.
Rent review information:
As of 01/04/2025 the property charges will change due to Orbit’s Rent Review 2025. Therefore, the monthly rent will be £549.69 and the monthly service charge will be £294.21.
Particulars
Tenure: Not specified
Council Tax Band: D
Map
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 £230,000, £3,450 Min Deposit. Calculated using a representative rate of 5.03%
