2 bedroom apartment for sale
Available
7, Atherstone Heights Salomons Grove, TN4 0FH
£151,875 · Shared Ownership New Build

Share percentage 45%, full price £337,500, £7,594 Min Deposit.

Available
2 bedrooms
Floor plan
Floor plan
£151,875 Shared Ownership New Build · Eligibility Eligibility

Share percentage 45%, full price £337,500, £7,594 Min Deposit.

Monthly Cost: £1,311
Rent £425, Service charge £129, Mortgage £757*

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

A brand new and spacious 2 bed apartment. The price advertised represents purchasing a 45% share of the home.

Description

A brand new and spacious 2 bed apartment. The price advertised represents purchasing a 45% share of the home.

About the Home

This first floor apartment is a truly spacious home to live in. The entrance hall leads to the hall which gives access to three piece bathroom with Roca Gap sanitaryware and storage cupboard. From the hall you have access to the open plan living room/kitchen which has doors out onto a private balcony. The contemporary Stone Grey kitchen has a range of integral appliances. There are two bedrooms with the master bedroom benefitting from built in wardrobes and an ensuite. The apartment also benefits from gated residents parking.

About the Development

Atherstone Heights combines modern state-of-the-art design with traditional materials to create a stunning place to call home. Surrounded by a wealth of mature trees and sprawling green spaces to explore, these desirable apartments enjoy expansive open plan living with their own balcony or terrace and parking.

Southborough Community Hub will enrich the local area, offering beautifully landscaped public spaces and facilities, including a new community hall, library, medical centre and retail units, as well as a brand new sports pavilion.

About the Area

The nearby town of Tunbridge Wells is 2.7 miles away and offers a wide range of shopping facilities including a shopping mall and historic Pantiles as well as a variety of restaurants offering food from around the world, trendy bars and relaxing cafes.

Located just one mile from High Brooms station, Atherstone Heights is perfectly located for those looking to commute, with a journey time of around 45 minutes to take you into the capital. Southborough also boasts excellent transport links with the A26 taking you straight into Tunbridge Wells as well as easy access to the A21 and the M25.

About Shared Ownership

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front 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.

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

Key Features
  1. 2 bedroom first floor apartment
  2. Flooring throughout
  3. Storage space
  4. Modern Kitchen
  5. Open plan living
  6. Ensuite in Master bedroom
  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 (8.98 miles) Edenbridge (Kent) (9.49 miles) Knockholt (14.30 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.

£151,875
Shared Ownership New Build
Estimated Monthly Cost:£1,311
Rent £425
Service Charge £129
Mortgage £757

Share percentage 45%, full price £337,500, £7,594 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.