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Overview Key information

1 bedroom apartment
Cobnut Avenue
Shared Ownership (resales)
£74,000
40%
share
Full market value:
£185,000
Minimum deposit:
£7,400
1 bed 1 bath 556 sq. ft.
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A ground floor, one-bedroom apartment in Maidstone.

Property Features:

• Entry system

• Lift access

• Open plan kitchen and living space

• Kitchen with integrated and standalone appliances

• Family bathroom with shower over bath

• Hallway storage

• Rear garden

• Communal courtyard

• Allocated parking

Lease: Commenced 2016 with 125-year term

Council Tax Band: Maidstone Council – B

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.

Local Area:

• Maidstone East Train Station offers services to London Victoria (in less than an hour) & Ashford International.

• The M20 is easily accessible providing a direct route to London, Kent coast & motorway network.

• Maidstone offers a wide variety of shops, restaurants, entertainment & amenities.

• Plenty of greenspace and family amenities: The property is surrounded by woodland with paved walking path and a children playground perfect for outdoor family time.

Financial Information:

Property Value = £185,000

Percentage Share = 40%

Share Price = £74,000

Monthly Ground Rent = £12.50

Monthly Rent = £305.86

Monthly Service Charge = £215.16

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. Please note that the Resales Team have not visited this property.

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