Available through our resale shared ownership scheme, a 2nd floor, two-bedroom apartment in Herne Bay.
Property description:
The property comprises a communal entrance with entry system, lift access, kitchen with integrated appliances, a reception area, private balcony, two bedrooms, family bathroom with shower over bath and hallway storage cupboard.
The property also benefits from access to a communal garden and allocated parking.
Lease: Commenced 2018 with 999-year term
Council Tax Band: Canterbury Council – C
Approx. Gross Internal Area: 701sq.ft.
LOCAL AREA INFORMATION
• Herne Bay station has direct links to London.
• Walking distance to supermarkets and the beachfront.
• Primary and secondary schools close by.
FINANCIAL INFORMATION
Property Value = £250,000
Percentage Share = 40%
Share Price = £100,000
Monthly Ground Rent = £20.83
*Monthly Rent = £404.38
*Monthly Service Charge = £219.54
*Please note the rent and service charge is reviewed annually 01 April.
Prior to viewing: All applicants must be registered and approved by Hyde New Homes, and may be required to carry out a shared ownership affordability assessment.
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.