2 bedroom apartment for sale
Available
Apartment 12, Cedar House, The Avenue, TN2 3FY
£84,000 · Shared Ownership Resale

Share percentage 30%, full price £280,000, £4,200 Min Deposit.

Available
2 bedrooms
1 Bathroom
Communal Garden
Floor plan
floor-plan
Floor plan
floor-plan
£84,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 30%, full price £280,000, £4,200 Min Deposit.

Monthly Cost: £1,051
Rent £472, Service charge £160, Mortgage £419*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

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Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £90,000 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.
Summary

Two bedroom flat in Knights Wood, Tunbridge Wells, Kent

Description

Offered for sale under shared ownership is this charming two bedroom property in the popular Knights Wood development.

The property comprises of an entrance hallway with two useful built in storage cupboards.

The hallway leads to the light and airy living and dining room, open plan to the kitchen. The modern kitchen includes a built in oven, hob, extractor fan and fridge freezer and space for a washing machine.

There are two double bedrooms and a prsitine family bathroom with thermostatic controlled shower.

Externally the property benefits from an allocated parking space.

The property is well located for access to Tunbridge Wells with its wide range of shops, restaurants and amenities. Within walking distance is a retail and leisure complex including Odeon Cinema, Nuffield Gym, Asda, Aldi, TK Maxx, Argos, John Lewis Home and more.

Within a short distance are the train stations Tunbridge Wells, High Brooms and Tonbridge with links to central London.

Knights Wood has a new primary school and is situated in a woodland area.

Please note the price represents a 30% share in the property, full market value of £280,000.

Rent payable on the unowned share is £472.47pcm
Monthly service charge of £159.84
Lease 125 years from 01/01/2014

Key Features
  • Lift to building
  • Second floor
  • Communal gardens
  • Open plan living room and kitchen
  • Integrated oven and extractor hood, ceramic hob, includes integrated fridge freezer and washer dryer
  • Immaculate presentation
Property Downloads
Floor Plan Energy Certificate
Map
Edenbridge Town (10.30 miles) Edenbridge (Kent) (10.80 miles) Knockholt (15.01 miles)
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • 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.

£84,000
Shared Ownership Resale
Estimated Monthly Cost:£1,051
Rent £472
Service Charge £160
Mortgage £419

Share percentage 30%, full price £280,000, £4,200 Min Deposit. Calculated using a representative rate of 3.94%


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.