1 bedroom apartment for sale

Available

28 Crusade Way, Strood, ME2 2ZG

£80,000 · Shared Ownership Resale

Share percentage 40%, full price £200,000, £4,000 Min Deposit.

Available
1 bedroom
1 Bathroom
Communal Garden
Parking
£80,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 40%, full price £200,000, £4,000 Min Deposit.

Monthly Cost: £809
Rent £258, Service charge £140, Mortgage £411*

Calculated using a representative rate of 4.24%

Calculate estimated monthly costs

£
Eligibility

You may be eligible for this property if:

· You have a gross household income of no more than £80,000 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.

· To purchase this 40% minimum share you will need a minimum joint household income of £25676 and available savings of £4000 for a 5% mortgage deposit.

Summary

Optivo are delighted to offer for sale this well-presented 1 bed ground floor apartment

Description

This immaculate one bed property is located on the ground floor of a this highly sort after 4 storey Development.

The property consists of a newly fitted modern kitchen within a large reception room. The large master bedroom benefits from large windows providing stunning garden views. The bathroom is fully tiled and in excellent condition

This apartment has 2 allocated off street parking spaces.

Approximate Floor Area (GEA): 49 m2

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 to Optivo ASAP - on a first come first serve basis.

*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
  • Town center is a 5 minutes drive away
  • 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
Brochure Brochure
Map
Cuxton (1.02 miles) Strood (1.19 miles) Rochester (1.25 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.

Read More Read Less
  • 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.

£80,000
Shared Ownership Resale
Estimated Monthly Cost:£809
Rent £258
Service Charge £140
Mortgage £411

Share percentage 40%, full price £200,000, £4,000 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.