2 bedroom apartment for sale
Clarinda House, Clovelly Place, DA9 9FB
Share percentage 35%, full price £270,000, £9,450 Min Deposit.
Share percentage 35%, full price £270,000, £9,450 Min Deposit.
Monthly Cost: £1,051
Rent £476,
Service charge £168,
Mortgage £407*
Calculated using a representative rate of 3.09%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
Available through our resale shared ownership scheme, a second floor, two-bedroom apartment in a quiet cul-de-sac in Greenhithe, Kent.
Description
The property comprises a communal entrance, open-plan kitchen and reception, fitted kitchen with stand-alone appliances, private balcony, two bedrooms, a family bathroom with shower over bath, carpet flooring throughout and access to communal parking.
EWS1 available for lending
Length of Lease: Approx. 120 Years
Council Tax Band: Dartford Council - D
Gross Internal Area: 63m2
FINANCIAL INFORMATION
Property Value = £270,000
Percentage Share = 35%
Share Price = £94,500
*Monthly Rent = £475.81
*Monthly Service Charge = £167.87
**Monthly Mortgage Payment = £473
***Annual Household Income = £39,000
*Please note the rent and service charge is reviewed annually 01 April.
** Based on a 90%, 25-year repayment mortgage with an interest rate at 4.5%.
***Is based on a 10% mortgage deposit. If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced (approximately every 5% extra deposit reduces the salary required by £1,200).
Your home may be at risk if you do not keep up your mortgage and rent repayments. Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract. Areas, distances or measurements referred to are approximate. For confirmation of property details refer to the terms of the lease and plans from your solicitor. Hyde New Homes Resale properties are sold as seen, photographs and details (excluding financial information) are provided by the leaseholder. Please note that the Resales Team have not visited this property.
Contact us now to arrange a viewing:
Please call the Sales Team on 0345 606 1221 and providethe following information:
Your Contact Number/Email
Your Hyde New Homes or Help to Buy reference number**
Your Deposit for the mortgage
If it is a Single/Joint application (if married it must be joint)
Your Current salary (single/Joint where applicable)
Do you have any children? If so, how many?
Do you own any pets? If so, what?
Are you a current homeowner?
**To obtain a Hyde New Homes Reference number, visit https://so.hydeform.co.uk/ to register and complete the online application. A reference number will be emailed to you once the application is completed.
Key Features
- A great location next to The River Thames, not far from major supermarket chains such as Asda, Waitrose and Co-op.
- Bluewater Shopping Centre is just a short drive away, offering a range of department stores, fashion shops, lakeside dining and cinema.
- Nearby schools include, Craylands Primary and Ebbsfleet Academy
- For the commuter, Ebbsfleet International is approx. 2 miles away and Greenhithe for Bluewater less than a mile. The A2 and M25 are the closest motorway links and London Road provides access to regular bus routes.
Property Downloads
Floor Plan Energy CertificateMap
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 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.
Share percentage 35%, full price £270,000, £9,450 Min Deposit. Calculated using a representative rate of 3.09%
