Share Price £97,500 (from 65% Min. Share)

Full Value £150,000 | £4,875 Min. Deposit

Scheme: Shared Ownership Resales

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1 bedroom apartment in Maidstone - Kent

place 41 Hubert Walter Drive, ME16 0BE

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Available for shared ownership, a modern one bedroom apartment a short walk from Maidstone town centre


Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £80,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.

Description

This one bedroom home benefits from a large open plan living area and modern kitchen and bathroom. The two large storage cupboards take care of your storage needs while the balcony givs you that all important outside space.

Located just off Buckland Hill in Maidstone, Hubert Walter Drive is a great location for those looking to take advantage of all the County Town has to offer. Living here you will not only have all the shopping, eating out, gyms and nightlife you could want you will also have easy access to beautiful walks along the River Medway with the entrance to Whatman Park a couple of minutes away.

Perfect for commuters andthose just wanting to benefit from the vast array of culture and experiences available in the Capital and beyond. You are spoilt for choice with services to Victoria (Maidstone East) and high speed services to St Pancras International (Maidstone West) available as well as services to Medway and Ashford.

With the excellent public transport links you likely won't need a car, but for those who enjoy the convenience of jumping in their car and going you will also benefit from an allocated parking space and excellent road links to the A20, M20, A229 and A249.


Key Features

Excellent transport links

Allocated parking

Private balcony

Plenty of storage


Download Documents

Link to the floor plan

Accessibility

F – General Needs

General needs housing does not meet any of the above criteria. Properties in this category will have more than four steps or a ramp access that is steeper than 1:10 to access the property front door. These properties should be marketed with the number of steps to access the property as this will provide an additional factor for helping people choosing what to bid for.


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Calculate Monthly Cost

Share price
£ 97,500
Min. £97,500
Share percentage
Min. 65%
Your deposit
Min. £4,875
Monthly cost*
£705
Cost breakdown
£129
Rent
£90
Service charge
£486
Mortgage*
Calculated using a representative rate of 3.94%
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Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.