Available through our resale shared ownership scheme, a second floor, two-bedroom apartment in Folkestone.
Property description:
The property comprises a communal entrance with entry system, open plan kitchen and reception, kitchen with integrated appliances, two bedrooms, family bathroom with shower over bath, underfloor heating and hallway storage.
The property also benefits from access to a communal courtyard and allocated parking.
Lease: Commenced 2006 with 125-year term
Council Tax Band: Folkestone & Hythe Council – B
Approx. Gross Internal Area: 678sq.ft.
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.
LOCAL AREA INFORMATION
• Surrounded by countryside and near to local amenities including shops, restaurants, dentist, GP Surgery, post office, the village hall and community centre. There’s also a Tesco Express, primary schools and riding stables nearby.
• The village itself is nestled on top of the North Downs overlooking views of the Channel. The beach and Folkestone town centre are just a short drive away.
• The Channel Tunnel terminal at Cheriton is conveniently close and a frequent bus service runs to both the coastal port of Folkestone and the city of Canterbury. The M20 and M2 provides easy access to the motorway.
FINANCIAL INFORMATION
Property Value = £200,000
Percentage Share = 25%
Share Price = £50,000
Monthly Rent = £346.54
Monthly Service Charge = £239.98
Please note the rent and service charge is reviewed annually 01 April.
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.
