2 bedroom house for sale

Under Offer

8 Winch Close, ME17 3FY

£124,000 · Shared Ownership Resale

Share percentage 40%, full price £310,000, £6,200 Min Deposit.

Under Offer
2 bedrooms
1 Bathroom
Private Garden
Parking
£124,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 40%, full price £310,000, £6,200 Min Deposit.

Monthly Cost: £1,200
Rent £465, Service charge £26, Mortgage £709*

Calculated using a representative rate of 5.30%

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

End of road 2 Bedroom house in excellent location available on shared ownership

Description

A cosy, well situated, cared for, 2 bedroom semi detached house on the outskirts of maidstone.

The property is semi detached at the end of a close, built in 2017, with a modern, homely interior.

The downstairs has a good sized well fitted kitchen with good natural light, with integrated appliances, a cosy well sized living room which leads into a small garden with a patio area and a shed.

Upstairs has 2 well sized double bedrooms both with space to spare and a bathroom with fittings.

There is a allocated parking space for the property in a small parking area next to the building which is reserved for residents only.

The location is just around the corner from a shopping complex with access to a supermarket and has good access to a main road which can take you straight into the heart of Maidstone.

Key Features
  • Fitted Kitchen
  • Small Garden
  • Allocated Parking space
  • 2 Double bedrooms
  • Walking distance to local amenities
Particulars

Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: C

Map
Bearsted (2.49 miles) Maidstone West (3.08 miles) Hollingbourne (3.13 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.

£124,000
Shared Ownership Resale
Estimated Monthly Cost:£1,200
Rent £465
Service Charge £26
Mortgage £709

Share percentage 40%, full price £310,000, £6,200 Min Deposit. Calculated using a representative rate of 5.30%


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.