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

  

Property description:

The property comprises a communal entrance with entry system, open plan kitchen and reception, kitchen with integrated appliances, two bedrooms, family bathroom with shower over bath and hallway storage cupboard and loft space. 

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

Lease: Commenced 2017 with 125-year term

Council Tax Band: Maidstone Council – C

Approx. Gross Internal Area: 620sq.ft.

LOCAL AREA INFORMATION

• Train station nearby, 25-minute walk to Maidstone East, West and Barracks.

• 20 Minute walk into Maidstone Town, offers a wide range of shops and services including dining and drinking venues. 

• Development is opposite Archbishop's Courtenay Primary School and within catchment to other good schools – Park Way, Southborough and others.

• Close to Mote Park, Bridge Mill Play area, swing park on Albert Reed Gardens and Hayle Nature reserve.

• Easy access to towpath along the river leading into neighbouring village – East Farleigh.

FINANCIAL INFORMATION

Property Value = £180,000

Percentage Share = 60%

Share Price = £108,000

*Monthly Rent = £230.64

*Monthly Service Charge = £87.76

**Monthly Mortgage Payment = £552.00

***Annual Household Income = £29,000

*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.

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