Available for resale shared ownership, a well maintained and spacious, two-bedroom, ground floor apartment located in the convenient area of Maidstone, Kent.

  

Property description:

This apartment comprises a secure communal entrance with intercom system, private entrance hall with three large storage cupboards, a bight open plan living/kitchen area with integrated appliances, master bedroom, second bedroom, family bathroom suite with shower over bath.

 

This property also benefits from allocated off street parking including use of three visitor spaces, double glazing throughout the apartment and fitted carpet in living area, vinyl flooring in kitchen, bedrooms, bathroom and hallway.

 

Length of Lease: Approx. 997 Years

Council Tax Band: Maidstone Council – C

Gross Internal Area: 63m2

 

LOCAL AREA INFORMATION

• Barming station serviced by mainline South-eastern Services

• Local amenities a short 5-minute walk. (Tesco, Dominos, Local Takeaways) Aldi / Sainsburys 2-minute drive

• Regular busses into Maidstone Centre just outside the development

• Maidstone Centre a short 10-minute drive away

• Perfect for commuting / M20 on doorstep with quick journey times to the popular Bluewater Shopping Centre

 

FINANCIAL INFORMATION

Property Value = £210,000

Percentage Share = 35%

Share Price = £73,500

Monthly Ground Rent = £20.83

*Monthly Rent = £358.18

*Monthly Service Charge = £41.24

**Monthly Mortgage Payment = £359

***Annual Household Income = £26,000

 

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

** Based on a 90%, 25-year repayment mortgage with an interest rate at 4.5%.

***Is based on a 10% mortgage deposit.  If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced (approximately every 5% extra deposit reduces the salary required by £1,200).

 

Your home may be at risk if you do not keep up your mortgage and rent repayments.  Particulars give a fair 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.

Contact us now to arrange a viewing:

Please call the Sales Team on 0345 606 1221 and provide the following information:

Your Contact Number/Email

Your Hyde New Homes or Help to Buy reference number**

Your Deposit for the mortgage

If it is a Single/Joint application (if married it must be joint)

Your Current salary (single/Joint where applicable)

Do you have any children? If so, how many?

Do you own any pets? If so, what?

Are you a current homeowner?

**To obtain a Hyde New Homes Reference number, visit https://so.hydeform.co.uk/ to register and complete the online application.  A reference number will be emailed to you once the application is completed. 

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