Available through our resale shared ownership scheme, a ground floor, one-bedroom apartment in Kent.

  

Property description:

The property comprises a communal entrance, open plan kitchen, kitchen with integrated appliances and compound storage spaces, dining/living area, one bedroom includes fitted wardrobe, family bathroom with shower over bath and hallway storage cupboard. 

The property also benefits from access to allocated parking.

Lease: Commenced 2023 with 999-year term

Council Tax Band: Canterbury Council – B

Approx. Gross Internal Area: 568sq.ft.

LOCAL AREA INFORMATION

• Whitstable train station is 1.5 miles away, nearest bus stop is a 10 minute walk away and access to nearest motorway/commute route is 1 mile away.

• 2-minute drive from a big Tesco and an industrial estate with various businesses. 15 walk or a 5-minute drive to Whitstable town, which has a range of shops, restaurants, cafes, pubs, schools, local businesses, a leisure centre and gym, as well as the beautiful beach and well known harbour.

• Estuary View Urgent Treatment Centre 2 minute drive away, as well as retail park which includes Aldi, M&S, Pets at Home, Halfords and Home Bargains.

• Beautiful Ducan Downs accessible next to building, which includes 23 hectares of fields, woodland, scrublands and streams, open to the public and perfect for dog walking.

• Picturesque seaside great for swimming, coastal walks and pubs and cafes on route along the front. 

FINANCIAL INFORMATION

Property Value = £220,000

Percentage Share = 40%

Share Price = £88,000

*Monthly Rent = £330.94

*Monthly Service Charge = £54.72

**Monthly Mortgage Payment = £450.00

***Annual Household Income = £28,000

*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.

Read more...