Royal Oak House

Available through our resale shared ownership scheme, a second floor, two-bedroom apartment in Rochester.

Property description:

The property comprises a communal entrance with entry system, lift access, open plan kitchen and reception, kitchen with integrated appliances, private balcony, two bedrooms, master bedroom with ensuite, family bathroom with shower over bath and hallway storage.

The property also benefits from access to allocated parking.

Lease: Commenced 2013 with 125-year term

Council Tax Band: Medway Council – C

Approx. Gross Internal Area: 720sq.ft.

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 INFORMATION

• Close to two vibrant high streets in Rochester and Chatham, offering a range of restaurants, cafes, and independent shops. Both high streets provide plenty of dining and shopping options to suit diverse tastes. The historic charm of Rochester’s high street is complemented by Chatham’s larger commercial offerings.

• Within walking distance of two railway stations—Rochester and Chatham—which offer regular services to London, making it ideal for commuters. The nearby Chatham Waterfront bus hub provides excellent bus connections to Medway and beyond.

• The area is served by a variety of educational institutions. Local schools include Riverside Primary School and St John Fisher Catholic School. For private education, Ripplevale SEN School, Rochester Independent College, and The King’s School are all nearby, offering a range of options for families.

FINANCIAL INFORMATION

Property Value = £220,000

Percentage Share = 60%

Share Price = £132,000

Monthly Rent = £199.56

Monthly Service Charge = £115.79

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, photographs and details (excluding financial information) are provided by the leaseholder. Please note that the Resales Team have not visited this property.