Available through our resale shared ownership scheme, a two-bedroom, two storey, semi-detached house in Kent.

  

Property description:

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

 

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

 

Only applicants with a connection to Higham Parish will be considered for viewings.

 

Please note the lease can staircased up to 80% only.

Lease: Commenced 2008 with 125-year term

Council Tax Band: Gravesham Council – C

Approx. Gross Internal Area: 957.9sq.ft.

 

LOCAL AREA INFORMATION

·        Located in a quiet Dickensian Kent village and countryside location, 2 minutes from Higham train station with excellent transport links to London and Kent. Close to the A2 and M25.

·        Only a 5 minute train journey to the historic riverside towns of Rochester and Gravesend. A 15 minute drive or train ride to the Bluewater shopping/leisure complex.

·        Close to "Gads Hill" private school and in the catchment area of 3 excellent primary schools. Local shops and recreation area in walking distance.

FINANCIAL INFORMATION

Property Value = £310,000

Percentage Share = 40%

Share Price = £124,000

*Monthly Rent = £454.84

*Monthly Service Charge = £54.11

**Monthly Mortgage Payment = £634.00

***Annual Household Income = £44,000

 

*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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