Available through our resale shared ownership scheme, a second floor, two-bedroom apartment in Gravesend.

The property comprises a communal entrance with entry system, open plan kitchen and reception, fitted kitchen with standalone appliances, private balcony, two bedrooms, family bathroom with shower over bath and hallway storage cupboard. 

The property also benefits from allocated parking.

Lease: Commenced 2018 with 125-year term

Council Tax Band: Gravesham Council – D

Gross Internal Area: 775 sq.ft.

LOCAL AREA INFORMATION

• Approximately two miles from Gravesend Town Centre offering an array of shops, restaurants and bars. 

• Gravesend Rail Station and Ebbsfleet International Train Station provides frequent services into London and Kent. 

• The A2 is also within close proximity offering excellent road access to the M25 and Kent.

FINANCIAL INFORMATION

Property Value = £230,000

Percentage Share = 35%

Share Price = £80,500

*Monthly Rent = £399.38 

*Monthly Service Charge = £120.53

**Monthly Mortgage Payment = £489

***Annual Household Income = £35,000

*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 6.5%.

***Is based on a 10% mortgage deposit. If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced (approximately every 5% extra deposit reduces the salary required by £1,200). 

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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