2 bedroom house for sale
Available
Plot 206, Ashford| Sellindge, TN25 6GB
£130,500 · Shared Ownership New Build

Share percentage 45%, full price £290,000, £6,525 Min Deposit.

Available
2 bedrooms
Floor plan
Floor plan
£130,500 Shared Ownership New Build · Eligibility Eligibility

Share percentage 45%, full price £290,000, £6,525 Min Deposit.

Monthly Cost: £1,066
Rent £366, Service charge £50, Mortgage £650*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

£
Eligibility
To be eligible for shared ownership you would need to meet the following criteria:
  • Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
  • You have a deposit of at least 5% of the share value
  • You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
  • This will be your only residence.
  • You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
Summary

Wonderful 2 bedroom house in the Lees development. The price advertised represents purchasing a 45% share of the home.

Description

Wonderful 2 bedroom house in the Lees development. The price advertised represents purchasing a 45% share of the home.

About the Development

Located in the beautiful village of Sellindge, which is well known for the countryside, relaxing lifestyle and well placed for access to Ashford town centre and the coast. With a new village green open and a play area planned, residents will benefit from areas of outdoor space on their doorstep.

There is a nursey & selection of primary schools all within 4 miles of The Lees. Furthermore, beauty salons, pubs & restaurants, supermarkets, sporting facilities are all available nearby.

About the Home

This plot is a brand new 2 bedroom house with a hallway that leads on one side to the separate kitchen area. Further down the hall you are presented with the linen room and ground floor WC and to the rear of this floor is the very spacious Lounge area with large bright windows

The second floor presents both bedrooms which are offered with large windows as well as the three piece bathroom with shower over bath. Bedroom 1 is offered with a built in wardrobe.

About the Area

Confidentially located for shopping, sporting facilities and access to the local train station “Westenhanger” for travel to London with commuting times of around 51 Minutes to London St Pancras.

Brockhill Country Park which has stunning walking trails and children’s play areas is only 5 miles away. The M20 is also nearby with easy links to Maidstone and London via the M20

Shared Ownership

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. You can buy a minimum 45% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

T&Cs

*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.

*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change.

Key Features
  1. Brand new 2 bedroom house
  2. Flooring throughout
  3. Storage space
  4. Ground floor WC
  5. Spacious Living area
  6. Separate Kitchen
  7. 3 piece bathroom with shower over bath
  8. There will be an added service charge
Property Downloads
Floor Plan Energy Certificate
Map
Edenbridge Town (38.88 miles) Knockholt (39.06 miles) Edenbridge (Kent) (39.30 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.

£130,500
Shared Ownership New Build
Estimated Monthly Cost:£1,066
Rent £366
Service Charge £50
Mortgage £650

Share percentage 45%, full price £290,000, £6,525 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.