Share Price £85,000 (from 50% Min. Share)

Full Value £170,000 | £4,250 Min. Deposit

Scheme: Shared Ownership Resales

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1 bedroom apartment in Maidstone - Kent

place Sandling Park, Sandling Lane, ME14 2NY

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Moat Resales

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One bedroom second floor apartment


Eligibility

Priority will be offered to MOD personnel.


Description

Moat is pleased to present to the market this one bed second floor apartment with large balcony. The property is situated in a gated community on the outskirts of Maidstone. Maidstone town centre if less than 1½ miles away with a large selection of shops, restaurants and leisure facilities. Maidstone East railway station is approximately one mile away with links to London Victoria, Ashford and the coast. The property provides excellent access to the M20 and A229.


Key Features

  • Entrance Hall
  • Storage cupboards
  • Open plan living/dining room and kitchen
  • Bathroom/w.c
  • Balcony
  • Allocated parking space
  • Bike store
  • Lease date: 125 years from 1.2.2007
  • EPC rating – C (78)
  • CO2 emissions – C (74)
  • Council tax band – C
  • Pets are not normally permitted in apartments. If you have a pet, please check with Moat that it will be permitted before proceeding

Download Documents

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
£ 85,000
Min. £85,000
Share percentage
Min. 50%
Your deposit
Min. £4,250
Monthly cost*
£771
Cost breakdown
£258
Rent
£89
Service charge
£424
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.