Available

£94,000

Orbit Homes at Hermitage Park | Chapelfield Way, ME16 9FS
Share 40% / Full price £235,000 / Min deposit £4,700

Apartment
1 bedroom
1 bathroom

£1000 contribution towards legal fees
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Description

£1,000 towards legal fees*!

Plot 90 - The Lavender

A thoughtfully designed one-bedroom apartment, ideal for those starting out, downsizing, or simply seeking a modern, easy-to-manage home. Set within attractively landscaped surroundings, residents benefit from access to a communal square and an allocated parking space equipped with an EV charger.

Positioned on the first floor, this apartment boasts a bright and well-proportioned open-plan layout that seamlessly blends kitchen, living, and dining areas - perfect for everyday living or entertaining. The kitchen comes complete with contemporary units, a single oven, induction hob, glass splashback, and integrated appliances including a fridge/freezer and dishwasher.

The spacious double bedroom features a fitted wardrobe and offers flexibility for additional furnishings, with large windows allowing plenty of natural light to filter in. A stylish bathroom and a useful built-in storage cupboard complete the home.

Our apartments at Hermitage Park offer an extensive and modern specification throughout. This includes carpet/Amtico flooring to all rooms and lighting throughout.

Anticipated build completion Feb/Mar 2026.

Shared Ownership
Full Market Value: £235,000

Minimum Share (40%): £94,000
Monthly Rent: £323.13
Other Monthly Charges: £165.53

Rent is 2.75% of the unsold equity.
Under the terms of the Shared Ownership scheme you will be offered the maximum % share you can afford.
Other monthly charges include service charge and buildings insurance.

Predicted Energy Assessment:
Energy Efficiency Rating: 85(B)
Environmental Impact (CO2) Rating: 92(A)

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Tenure: Leasehold
Length of lease: 990 years
Estimated annual service charge: £2,163.89
Service charge review period: April (annually)
Estimated council tax band: TBC - Council Tax Band will be confirmed by the local authority on completion of the property
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Please note that whilst every effort is made to publish interior images as similar to the home as possible, these images are not specific to the development and are selected from a library of show homes across our Orbit Homes developments. This means that the images shown do not represent this specific plot and variances will apply. These images are used for illustrative purposes only, and selected to give the closest representation available of the layout. For site specific layout and specification, please refer to technical drawings.

The energy performance has been assessed using the Government approved SAP 10 methodology and is rated in terms of the energy use per square meter of floor area; the energy efficiency is based on fuel costs and the environmental impact is based on carbon dioxide (CO2) emissions. These are predicted ratings which might not represent the final rating EPC rating upon completion of the property.

*Not available in conjunction with any other offer. Allowance on completion, up to a maximum of £1,000. Subject to terms and conditions. Please speak to a sales consultant for further information.

Description

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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.
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Monthly cost calculator
£94,000 Shared Ownership New Build Full price £235,000
Estimated monthly cost £1,000
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