Property description:

The property comprises of a bright secure communal entrance with phone entry system, open-plan lounge/dining area, modern fitted kitchen with inbuilt oven & hob, master bedroom, second bedroom, bathroom with shower over bath, double glazing throughout, including generous storage space, and a well-maintained communal garden. The property also benefits from a private storage cupboard at ground level and an allocated parking space.

Length of Lease: Approx. 121 Years
Council Tax Band: Maidstone Council Tax Band – C
Gross Internal Area: 72 Square Metres

LOCAL AREA INFORMATION

• Situated in a central & convenient area of Maidstone, Pevensey Court is a large gated development within easy reach of the River Medway, Maidstone Barracks station, served by the Southeastern line and Saint Peters Wharf retail park.

• Maidstone Barracks is within 0.2 miles, Maidstone East and West are within 0.5 from the apartment with direct links to London Victoria & Ashford International. The M20 and A229/M2 are easily accessible.

• Maidstone Town Centre & Lockmeadow entertainment complex are within 0.5 miles, offering a wide variety of shops, restaurants and bars, the Hazlitt Arts Centre, a multiplex cinema and the town’s market square.

FINANCIAL INFORMATION

Property Value = £180,000

Percentage Share = 35%

Share Price = £63,000

Monthly Rent = £290.35

Monthly Service Charge = £69.54

Monthly Mortgage Payment** = £315

Household Income Required = £22,000

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

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:

Call 0345 606 1221 or email info@hydenewhomes.co.uk.  Please ensure you are registered and approved for shared ownership by completing our application at so.hydeform.co.uk/index.

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