£99,000

This bright and cosy one bedroom apartment is now available in Rochester through Shared Ownership.

The property on the third floor comprises an entrance hallway with built in storage, a spacious open plan living room and kitchen, one double bedroom and a bathroom.

Outside, there is a private balcony and allocated parking. Perfect for couples or singles.

SO Resi are marketing this property for sale on behalf of the landlord, M&G UK Shared Ownership Limited.

All enquiries will be initially assessed by SO Resi to confirm eligibility. Should you wish to proceed with the purchase, you will be required to complete an affordability assessment.

Information on the criteria and requirements for shared ownership can be found here:

Shared Ownership Eligibility & Affordability Criteria

For the purposes of processing and progressing your application, your personal data may be shared with M&G UK Shared Ownership Limited , Pinnacle Group and the existing shared owner in accordance with our Privacy Policy.

If you would like a copy of our Privacy Policy, please refer to SO Resi Privacy Policy or contact us directly.

Available for £99,000 for 45% share based on the marketing figure of £220,000.

Monthly rent - £363.83
Monthly Service Charge - £192.65
Total Monthly Charge - £556.48 plus mortgage required for 45% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

Living inRochesteroffers modern riverside living in a highly convenient location within the heart of historic Rochester. The property is ideally situated close to Rochester High Street, renowned for its charming independent shops, cafés, restaurants, and historic attractions including Rochester Castle and Rochester Cathedral. Residents can also enjoy pleasant walks along the nearby River Medway and easy access to local leisure and shopping facilities.

For commuters, Rochester railway station is within easy reach, providing regular services to London Victoria, London St Pancras International (via High Speed), and Canterbury, making travel into the capital quick and convenient.

Road links are equally impressive, with straightforward access to the A2, M2, and M20, connecting Rochester to London, Bluewater Shopping Centre, Maidstone, and the wider Kent region. Combining historic character, excellent amenities, and strong transport connections, Foley Apartments is an ideal choice for professionals, commuters, and those seeking a vibrant Kent lifestyle.

Energy rating band - B

Environmental rating band - B

Years remaining on lease: 993

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by SO Resi and MTVH

You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.