| South Shore | Ocean Drive | south-shore-7050225 - Hyde New Homes
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Overview Key information

South Shore

2 bedroom apartment
South Shore
Shared Ownership (resales)
£50,000
25%
share
Full market value:
£200,000
Minimum deposit:
£5,000
2 bed 1 bath sq. ft.
Enquire now
Enquire now
For | South Shore

A first floor, two-bedroom apartment in Gillingham, Kent.

Property features:

• Communal entrance

• Entry system

• Kitchen with integrated and standalone appliances

• Living area

• Two bedrooms

• Family bathroom with shower over bath

• Hallway storage cupboard

• Electric heating

• Juliette balcony

• Off street parking

Lease: Commenced 2014 with 125-year term

Council Tax Band: Medway Council – D

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:

• Local to a good range of supermarkets, shops and eateries.

• Gillingham town centre is near by and offers outlets and services, providing everything from groceries to dining options.

• Gillingham railway station is close by, offering regular services to London Victoria, London St Pancras, and Charing Cross, making it ideal for commuters.

• Local bus routes provide connections across Medway, including to nearby towns like Chatham and Rochester. The A2 and M2 are also easily accessible for those travelling by car.

Financial information:

Property Value = £200,000

Percentage Share = 25%

Share Price = £50,000

Monthly Rent = £361.26

Monthly Service Charge = £73.01 (Jennings and Barrett TBC)

*£73.01 paid to Hyde Housing and £146.00 paid to Jennings and Barrett. Please note the service charge paid to Jennings and Barrett is to be reviewed 1st April 2025

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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