3 bedroom house for sale

Available

36 Rother Drive, , TN30 7EZ

£103,750 · Shared Ownership New Build

Share percentage 25%, full price £415,000, £5,188 Min Deposit.

Available
3 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£103,750 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £415,000, £5,188 Min Deposit.

Monthly Cost: £1,280
Rent £713, Service charge £50, Mortgage £517*

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 3 bedroom semi-detached house in the Appledore Green development. The price advertised represents purchasing a 25% share of the home

Description

Wonderful 3 bedroom semi-detached house in the Appledore Green development. The price advertised represents purchasing a 25% share of the home

About the Development

Appledore Green will be a brand-new development offering a selection of amazing 1and 2 bedroom apartments as well as lovely 3 bedroom terraced houses, located in the lovely town of Tenterden in Kent, just 25 minutes south of Ashford. Surrounded by outstanding natural beauty this opportunity presents itself with the chance to own your own home in a highly sought after and thriving area.

About the Home

This beautiful 3 bedroom home is finished to a high standard throughout, with a modern style kitchen, contemporary bathroom suite, and fitted flooring throughout. Enjoy an open plan layout as well as spacious bedrooms.

About the Area

Tenderden is an old English town that actually dates back to the Saxon period. The town is not lacking in culture and has some buildings that date back to the 15th century. Tenterden is also the home to the Chapeldown Wine producers. The town sits on the edge of the exquisite Weald forest and overlooks the Valley of the river Rother.

Located just shy of Ashford, should you want a more extensive shopping or dining experience your a mere 25 minutes away. Tenterden does however have its own selection or retail shops and supermarkets.

With both the M20 and A262 at your doorstep, you can be in London in less than an hour and provides great access to other surrounding towns and villages.

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. At Penkridge 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.

Key Features
  1. 3 bedroom semi-detached house
  2. Flooring throughout
  3. Storage space
  4. Open plan living
  5. Spacious living area
  6. 3 piece bathroom with shower over bath
  7. There will be an added service charge
Property Downloads
Floor Plan Energy Certificate
Map
Appledore (Kent) (5.59 miles) Pluckley (6.55 miles) Ham Street (6.71 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.

£103,750
Shared Ownership New Build
Estimated Monthly Cost:£1,280
Rent £713
Service Charge £50
Mortgage £517

Share percentage 25%, full price £415,000, £5,188 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.