2 bedroom apartment for sale

Under Offer

Spring Acres, Pear Tree Orchard, ME10 4GP

£114,000 · Shared Ownership New Build

Share percentage 40%, full price £285,000, £5,700 Min Deposit.

Under Offer
2 bedrooms
2 Bathrooms
Parking
£114,000 Shared Ownership New Build

Share percentage 40%, full price £285,000, £5,700 Min Deposit.

Monthly Cost: £1,020
Rent £392, Service charge £17, Mortgage £611*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Summary

Shared Ownership at Spring Acres

Description

This stunning new country park development offers 2 bedroom apartments and 2 & 3 bedroom houses, available for shared ownership.

As a new resident of Spring Acres you will become part of a vibrant and new community.

Why buy at Spring Acres?

Imagine your new lifestyle offering the best of both worlds – semi-rural living with the convenience of:

  • Being part of a new community within a country park setting, welcoming first time buyers, young families and downsizers
  • Parking
  • Excellent road links to A2, M2 and M20 for reaching the Kent countryside and further afield to the south coast, Gatwick and London
  • Local Ofsted rated good to excellent schools
  • Sittingbourne station 2.6km with 109 trains daily, travel time to London 1hr 17mins, Teynham equidistant with 31 trains daily (1hr 20mins)*
  • Choice of supermarkets, The Forum Shopping Mall and Leisure Centre, Theatre and Cinema in Sittingbourne
  • Bapchild postcode


The Hyde difference:

  • Over 90% customer satisfaction for 8 consecutive years
  • Experienced in-house sales team to help you with the process to owning your own home
  • Option to purchase more shares and own your home outright at any time
  • High specification as standard
  • Contemporary kitchen units with integrated appliances
  • Quality flooring included

*Source: tfl.gov.uk

Particulars

Tenure: Not specified
Council Tax Band: Not specified

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Teynham (1.58 miles) Sittingbourne (1.72 miles) Kemsley (2.54 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 and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.

£114,000
Shared Ownership New Build
Estimated Monthly Cost:£1,020
Rent £392
Service Charge £17
Mortgage £611

Share percentage 40%, full price £285,000, £5,700 Min Deposit. Calculated using a representative rate of 4.64%


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Spring Acres
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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.