2 bedroom apartment for sale

Available

12 Allin Place, Fairmeadow, ME14 1FT

£105,000 · Shared Ownership Resale

Share percentage 50%, full price £210,000, £10,500 Min Deposit.

Available
2 bedrooms
£105,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 50%, full price £210,000, £10,500 Min Deposit.

Monthly Cost: £964
Rent £291, Service charge £140, Mortgage £533*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Eligibility

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.
Summary

Two bedroom shared ownership apartment available for resale

Description

Located on the original Fairmeadow, running parallel to the River Medway, The Fairmeadow is next to the beautiful Corpus Christi Hall, a grade two listed building, parts of which date back to the 12th century. Modern day Maidstone is, however, right on your doorstep in this prime central position. Fremlin Walk Shopping Centre and many of Maidstone’s most popular bars and restaurants are within walking distance, and its two major stations, Maidstone East and West, are both less than half a mile away.

Kitchen
• Glass splashback to hob
• 1 ½ bowl stainless sink and drainer
• Monobloc mixer tap
• Low energy down-lighters

Bathroom
• Brilliant white contemporary sanitary
ware comprising:
- Steel bath
- Dual-flush WC
- Hand basin mounted into vanity unit
• Monobloc mixer taps
• Thermostatic shower over bath
• Heated ladder-style towel rail
• Shaver light and socket
• Low energy down-lighters

General
• Fitted carpets to living/dining area, bedrooms and hall
• Gas central heating
• Double-glazed throughout
• Air ventilation system to kitchen and bathroom
• Video door entry system
• Balcony
• Bicycle store
• Allocated, secure undercroft parking

Key Features
  • EPC rating B
  • Modern fitted kitchen and bathroom
  • 2 Spacious bedrooms
  • Open living area
  • Allocated parking space
  • Balcony
Particulars

Tenure: Leasehold
Lease Length: 117 years
Council Tax Band: D

Property Downloads
Key Information Document
Map
Maidstone West (0.24 miles) Maidstone East (0.28 miles) Maidstone Barracks (0.32 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£105,000
Shared Ownership Resale
Estimated Monthly Cost:£964
Rent £291
Service Charge £140
Mortgage £533

Share percentage 50%, full price £210,000, £10,500 Min Deposit. Calculated using a representative rate of 4.64%


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.