Available through our resale shared ownership scheme, a 2nd floor, two-bedroom apartment in Gravesend.

Property description:

The property comprises a communal entrance, entry system, kitchen and reception, kitchen with integrated appliances, living/dining area, two bedrooms, two bedrooms, family bathroom with shower over bath and hallway storage cupboard. 

The property also benefits from access to a communal garden and allocated parking.

Please note priority will be given to those who live and work in Gravesham. Other applicants may enquire about our waiting list.

Lease: Commenced 2004 with 125-year term

Council Tax Band: Gravesham Council – C

Approx. Gross Internal Area: 684sq.ft.

LOCAL AREA INFORMATION

• Quiet residential area of Northfleet close to local shops & amenities.
• Bluewater Shopping Centre is a 15 minute drive from the property which offers a wide variety of shops, restaurants, entertainment & other amenities.
• 1.8 miles from Ebbsfleet International Train Station, providing fast direct train services to London St Pancras, Stratford, Ashford and Dover.
• The A2 is easily accessible providing a direct route into central London and to the motorway network.
• Within close proximity of local primary/secondary schools.

FINANCIAL INFORMATION

Property Value = £205,000

Percentage Share = 25%

Share Price = £51,250

*Monthly Rent = £527.50

*Monthly Service Charge = £136.86

**Monthly Mortgage Payment = £262.00

***Annual Household Income = £31,000

*Please note the rent and service charge is reviewed annually 01 April.

** Based on a 90%, 30-year repayment mortgage with an interest rate at 5.5%.

***Is based on a 10% mortgage deposit. If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced. 

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.