Available through our resale shared ownership scheme, a 1st floor, two-bedroom apartment in Kent.

  

Property description:

The property comprises a communal entrance, entry system, open plan kitchen integrated and appliances, living/dining area, two bedrooms, family bathroom with shower over bath, storage space and a Juliette balcony.

 

The property also benefits from access to a communal garden.

 

Lease: Commenced 2016 with 125-year term

Council Tax Band: Tonbridge and Malling Council – C

Approx. Gross Internal Area: 764.238sq.ft.

 

LOCAL AREA INFORMATION

·        Excellent Primary and Secondary Schools nearby Located in Aylesford at the North Western tip of the Kent Downs AONB and right next to the River Medway.

·        Aylesford station also serves both London and nearby Maidstone with regular scheduled services.

·        Immediate access to the M20 motorway that connects with the M25.

·        There are several supermarkets in the area, including Sainsbury’s and the nearby Aylesford Retail Park.

 

FINANCIAL INFORMATION

Property Value = £235,000

Percentage Share = 40%

Share Price = £94,000

 Monthly Ground Rent = £20.83

*Monthly Rent = £360.04

*Monthly Service Charge = £110.81

**Monthly Mortgage Payment = £545.00

***Annual Household Income = £36,000

 

*Please note the rent and service charge is reviewed annually 01 April.

** Based on a 90%, 25-year repayment mortgage with an interest rate at 6%.

***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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