Share Price £78,750 (from 35% Min. Share)

Full Value £225,000 | £3,938 Min. Deposit

Scheme: Shared Ownership Resales

Under offer

2 bedroom apartment in Herne Bay - Kent

place Heath Grove, CT6 5FA

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Moat Resales

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Two-bedroom ground floor apartment


Eligibility

Priority will be offered to MOD personnel.


Description

Moat is pleased to bring to the market this modern two-bedroom ground floor apartment located close to the historic seaside town of Herne Bay. The property was built as part of the Herne Bay Golf Club development (The Fairways) built circa 2018. There are local amenities nearby including a Co-op store. Herne Bay offers many independent speciality shops as well as chain retailers and a weekly farmers market. There is also a good selection of bars, cafes and restaurants. There are several primary and secondary schools in the area including Briary Primary and Herne Bay High School. Herne Bay railway station is approximately one mile away with connections to London Victoria and London St Pancras International. The property is conveniently situated for access onto the A299.


Key Features

  • Hallway with storage
  • Living/dining room open plan to kitchen (6.4m x 6.9m)
  • Fully fitted Symphony Woodbury kitchen with laminate worktops and stainless steel splashback. With integrated Zanussi appliances, including oven, gas hob, extractor hood and fridge freezer. Freestanding Zanussi washer/dryer
  • Bedroom one (3.3m x 3.4m)
  • Bedroom two (4.2m x 2.8m)
  • Fully fitted bathroom with white suite shower and shower screen.
  • Ceramic tiles to kitchen/diner. Vinyl flooring bathroom. Carpet to all other areas.
  • One allocated parking space
  • Gas central heating to radiators
  • Remainder of 10 year NHBC warranty
  • Lease date: 125 years from 1 April 2018
  • EPC rating – B (84)
  • Pets will not be permitted in apartments
  • Measurements are for guidance only and have not been verified by Moat

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Energy Certificate

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
£ 78,750
Min. £78,750
Share percentage
Min. 35%
Your deposit
Min. £3,938
Monthly cost*
£854
Cost breakdown
£342
Rent
£120
Service charge
£392
Mortgage*
Calculated using a representative rate of 3.94%
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Moat Resales

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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.