Available through our resale shared ownership scheme, a two-bedroom, two storey, end-terrace house in Sittingbourne.

Property description:

The property ground floor comprises a kitchen with integrated appliances, reception room, a W/C and hallway storage. The first floor comprises two bedrooms, a family bathroom with shower over bath and hallway storage. 

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

Lease: Commenced 2018 with 125-year term

Council Tax Band: Swale Council – C

Approx. Gross Internal Area: 740sq.ft.

LOCAL AREA INFORMATION

• Surrounded by landscaped gardens in the heart of the beautiful County of Kent. Sittingbourne and Great Easthall provide the perfect balance of friendly, established community and rural tranquillity. 
• You can access the broader sweep of the Kent countryside and coastline with rail links from Sittingbourne to Central London. With a journey time of less than an hour it makes this an ideal location for families and commuters alike.
• The evolving town of Sittingbourne was a centre for artisanal crafts such as brickmaking, papermaking and barge building. It’s location as the midpoint between the port of Dover and London has seen the town grow into a thriving and established community.  

FINANCIAL INFORMATION

Property Value = £275,000

Percentage Share = 60%

Share Price = £165,000

Monthly Ground Rent = £20.83

*Monthly Rent = £304.86

*Monthly Service Charge = £24.86

**Monthly Mortgage Payment = £843

***Annual Household Income = £42,000

*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.