1 bedroom apartment for sale
28 Crusade Way, Strood, ME2 2ZG
Share percentage 40%, full price £200,000, £4,000 Min Deposit.
Share percentage 40%, full price £200,000, £4,000 Min Deposit.
Monthly Cost: £922
Rent £331,
Service charge £140,
Mortgage £451*
Calculated using a representative rate of 5.15%
Calculate estimated monthly costs
You may be eligible for this property if:
· You have a gross household income of no more than £90,000 per annum when eligible to purchase.
· 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.
· You live or work in the property’s area
· To purchase this 40% minimum share you will need an average minimum joint household income of £32,348 and available savings of £4,000 for a 5% mortgage deposit.
Summary
Well presented Modern 1 Bed apartment
Description
This one bed property is located on the top floor of a 4 story Development.
The property consists of a newly fitted modern kitchen within a large reception room. The adjoining balcony is providing mesmerizing views of The River Medway.
The large well-lit bedroom benefits floor natural light.
Each apartment has allocated off street parking.
Viewings by appointment only. Please note Social Distancing measures need to be followed. Please contact resales via e-mail resales@optivo.org.uk for the vendors details.
If you would like to apply after you have conducted a viewing, a PDF writable application form can be saved from the Brochure Section on this advert. Please email a fully completed copy to resales@optivo.org.uk
Application forms need to be returned for the attention of Jan.
Please note though that if a high volume of applications is received, the deadline might be brought forward.
*Please note the successful applicant will be required to pay a £250 non-refundable reservation fee once offered the property.
Key Features
- Close to local shops and local amenities
- Several Ofsted-rated ‘Good’ schools are in the area, including Cedar Children’s Academy, Temple Mill Primary School, All Faiths Children’s Academy and Gordon Children’s Academy.
- For secondary school students, Strood Academy is also rated ‘Good’ and the area benefits from two local grammar schools, The Rochester Grammar School and Fort Pitt Grammar School.
- A ten-minute drive from Edenwood, Strood station brings regular services to London St Pancras, with a journey time of just 36 minutes and a stopping service to London Blackfriars via Dartford, plus plenty of parking.
- Services from Rochester also serve London Victoria in 48 minutes. Close to Junction 2 of the M2 and the M25, London is 30 miles from Edenwood.
- Channel Tunnel trains leave from Ashford International, just 30 miles away, with car access at Folkestone, 42 miles away.
- Take a ferry from Dover, 48 miles away, taking you to Calais, Dunkirk or Boulogne. Even easier, travel to Ebbsfleet International for Eurostar trains to Paris, Brussels and Amsterdam.
Particulars
Tenure: Leasehold
Council Tax Band: B
Property Downloads
Floor Plan Brochure BrochureMap
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 40%, full price £200,000, £4,000 Min Deposit. Calculated using a representative rate of 5.15%
