Royal Oak House

Available through our resale shared ownership scheme, a 3rd floor, two-bedroom apartment in Rochester.

Property description:

The property comprises a communal and wheelchair accessible entrance, entry system, lift access, open plan kitchen and reception, kitchen with electric cooker and oven, two good size bedrooms, ensuite, family bathroom with shower over bath, and hallway storage cupboard.

The property also benefits from a balcony, bike store and allocated parking.

Lease: Commenced 2013 with 125-year term

Council Tax Band: Medway Council – C

Approx. Gross Internal Area: 726sq.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

• Walking distance to Rochester high street which offers plenty of pubs, restaurants, boutique shops, Castle and Cathedral.

• Nearby to Rochester train station which has links to London and Kent.

• Easy access to the motorway via the A2, M2 and M20, Chatham bus station is also local.

FINANCIAL INFORMATION

Property Value = £240,000

Percentage Share = 50%

Share Price = £120,000

Monthly Rent = £252.36

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