3 bedroom house for sale
Spring Acres, Pear Tree Orchard, ME10 4GP
Share percentage 30%, full price £387,500, £11,625 Min Deposit.
Share percentage 30%, full price £387,500, £11,625 Min Deposit.
Monthly Cost: £1,266
Rent £622,
Service charge £44,
Mortgage £600*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
Summary
A brand new home to call yours in 2024! Now selling, 2, 3 and 4 bedroom homes at Spring Acres!
Description
Introducing the Buttercup at The Botanic Collection, Spring Acres! A 3-bedroom home, exclusively through shared ownership. Book a viewing today!
The Buttercup at Spring Acres
3 bedroom semi detached house
Prices start from £116,325 for a 30% share, based on a full market value of £387,500 for a three bedroom house.
Your estimated monthly outgoings*:
Monthly rent: £622
Monthly service charge: £44
Total outgoings**: £1,340
Minimum household income: £46,000
10% deposit: £9,875
Please note that the Council Tax banding is not set until after legal completion. For more information, please refer to your Local Authority.
Register your interest now to book a viewing
Why buy at Spring Acres?
Imagine your new lifestyle offering 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
- Allocated 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
- 90% customer satisfaction for 10 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
Particulars
Tenure: Freehold
Council Tax Band: New build - Council tax band to be determined
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The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 30%, full price £387,500, £11,625 Min Deposit. Calculated using a representative rate of 4.80%
