Available through the shared ownership resale scheme; a very well presented third floor, two double bedroom apartment.

 

Property description:

The property comprises of; a secure communal entrance with phone entry system, private entrance hallway with a large storage cupboard and airing cupboard, a bright living/dining room, fitted kitchen, bathroom with shower over bath, master bedroom, second bedroom, an allocated parking space and large, external storage shed as well as a Communal garden at the centre of the property.

 

Length of Lease: Approx. 108 Years

Council Tax Band: Maidstone Council Tax Band – C

Gross Internal Area: 61m2

 

LOCAL AREA INFORMATION

  • Pevensey Court is situated in an excellent location just 0.2 miles from the nearest train station, and just a five minute walk from the High Street, with its wide range of shops, bars and restaurants.
  • Conveniently situated in the heart of the county for easy access to London, the Kent coast, and beautiful countryside
  • London is just an hour commute away while Ashford is 30 minutes.
  • The town is ranked in the top five shopping centres in the south east and offers a wide range of leisure activities for all the family from canoeing and boating on the River Medway, great dining, a multiplex cinema, the Hazlitt Theatre, clubs and music venues in town, treasures at the Maidstone Museum and history at Leeds Castle.

 

 

FINANCIAL INFORMATION

Property Value = £175,000

Percentage Share = 30%

Share Price = £52,500

*Monthly Rent = £342.43

*Monthly Service Charge = £100.29

**Monthly Mortgage Payment = £263

***Annual Household Income = £23,000

 

*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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