Share Price £94,000 (from 40% Min. Share)

Full Value £235,000 | £4,700 Min. Deposit

Scheme: Shared Ownership

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Sutton Wood Apartments - 2 bed apartment in Maidstone - Kent

place Rosewood, Langley, ME17 3UB

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Arun Estates

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2bed apartment in village location


Eligibility

Please note - You will need a current living or working connection to the Maidstone Borough to be eligible for these properties

• Have a combined household income that does not exceed £80,000
• Currently do not own a property, or be in the process of selling your property (Your property must be under offer before an application can be accepted)
• Have a Help to Buy Reference Number (This can be obtained from https://www.helptobuyagent3.org.uk/user?ReturnUrl=%2fapply%2f )


Description

A selection of beautifully presented two-bedroom apartments being offered on shared ownership starting with a share from a 40% . These brand-new apartments will come with integrated appliances to the kitchen including hob, over and fridge freezer. Spot downlighting and vinyl floors will finish the kitchen area to a good standard. There will also be space for a washing machine to be fitted.

The bathrooms come with branded ceramic sanitaryware, ceramic tiled floors and a bath with thermostatic mixer tap and a glass shower screen.

The property will also come with quality fitted carpets, energy efficient boiler, a 12-year NHBC certificate. There is also the ability for fibre broadband and an allocated parking space. Other benefits are the security video entry system and the properties having a communal TV ariel and satellite provisions as standard.

These properties are due to be completed and ready for occupation from October 2021. Reservations now being taken so don’t delay and reserve today for just £99.


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Link to the floor plan Property price list
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Calculate Monthly Cost

Share price
£ 94,000
Min. £94,000
Share percentage
Min. 40%
Your deposit
Min. £4,700
Monthly cost*
£856
Cost breakdown
£323
Rent
£65
Service charge
£468
Mortgage*
Calculated using a representative rate of 3.94%
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Arun Estates

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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.