1 bedroom apartment for sale

Available

Edmett Way, Maidstone, ME17 3FA

£124,600 · Shared Ownership Resale

Share percentage 70%, full price £178,000, £6,230 Min Deposit.

Available
1 bedroom
1 Bathroom
Parking
£124,600 Shared Ownership Resale · Eligibility Eligibility

Share percentage 70%, full price £178,000, £6,230 Min Deposit.

Monthly Cost: £880
Rent £128, Service charge £111, Mortgage £641*

Calculated using a representative rate of 4.24%

Calculate estimated monthly costs

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Eligibility

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

1 bedroom apartment with parking

Description

Well presented 1 bedroom first floor apartment with 1 parking space situated in the sought after Langley Park development. This apartment boasts a modern finish through-out and has integrated kitchen appliances. This home features an open plan kitchen and living space, a good sized bedroom and a bathroom. This home is walking distance from Aldi, Costa Coffee, Toby Carvery and a hairdressers and is on the bus route to get into Maidstone Town Centre.

Key Features
  • Well presented 1 bed apartment
  • 1 parking space
  • Modern finish through-out
  • Convenient location
Particulars

Tenure: Leasehold
Council Tax Band: B

Map
Bearsted (2.58 miles) Maidstone West (3.17 miles) Hollingbourne (3.17 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.

£124,600
Shared Ownership Resale
Estimated Monthly Cost:£880
Rent £128
Service Charge £111
Mortgage £641

Share percentage 70%, full price £178,000, £6,230 Min Deposit. Calculated using a representative rate of 4.24%


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.