Sandlewood Court, Maidstone, ME16 0ZG

Available for resale shared ownership, a bright and spacious two-bedroom second floor apartment situated in Barming, Maidstone.

  

Property description:

The property comprises; secure communal entrance with phone entry system, a private entrance hallway, a light and airy open plan living/reception room, fitted kitchen with inbuilt oven and hob, master bedroom, second bedroom, and family bathroom with shower over bath. This property also benefits from private allocated parking.

 

Length of Lease: Approx. 113 Years

Council Tax Band: Maidstone Council – C

Gross Internal Area: 61m2

 

LOCAL AREA INFORMATION

• Situated in Barming, Maidstone & within walking distance to local shops, restaurants & amenities.

• Located 1.8 miles from Maidstone East Train Station which offers direct services to Ashford International, London Victoria and Canterbury West.

• Maidstone Town Centre is easily accessible via car and bus routes.

The apartment is closest to Barming station, which is on the mainline to London Victoria, this is 1 mile away or 15-minute walk.

• Easy access to the M20 providing a direct route to the motorway network.

 

FINANCIAL INFORMATION

 

Property Value = £175,000

Percentage Share = 35%

Share Price = £61,250

Monthly Rent = £265

Monthly Service Charge = £211.67

Monthly Mortgage Payment = £306 **

Annual Household Income = £26,000 *

 

*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).

 

** 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.

 

Read more...