Available through our resale shared ownership scheme, a three-bedroom, two storey, end-terraced house in Maidstone. 

  

Property description:

The property ground floor comprises a fitted kitchen with integrated appliances, a private reception room, under-stair storage and a W/C. The first floor comprises three bedrooms, master bedroom includes built in wardrobe, third bedroom includes a mirrored wardrobe, family bathroom with shower over bath and airing cupboard. 

The property also benefits from side-gate access to a private garden with shed storage and allocated parking. 

Lease: Commenced 2009 with 125-year term

Council Tax Band: Maidstone Council – D

Approx. Gross Internal Area: 873sq.ft.

LOCAL AREA INFORMATION

• Walking distance into town which offers shops, restaurants, and other local amenities. 

• Nearby to Nurseries, schools, colleges and universities. 

• Easy access to Maidstone West, Maidstone Barracks and Maidstone East stations. 

• Junction 5 and 6 alongside the M20 is only a few miles away. 

FINANCIAL INFORMATION

Property Value = £365,000

Percentage Share = 40%

Share Price = £146,000

*Monthly Rent = £487.69

*Monthly Service Charge = £94.97

**Monthly Mortgage Payment = £746.00

***Annual Household Income = £47,000

*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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