2 bedroom apartment for sale
258500 - Kingfisher Meadow, Hart Street, ME16 8RB
Share percentage 50%, full price £200,000, £5,000 Min Deposit.
Share percentage 50%, full price £200,000, £5,000 Min Deposit.
Monthly Cost: £1,053
Rent £308,
Service charge £175,
Mortgage £570*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
The apartment is located on the second floor of a storey block of apartments.
Description
Accommodation
Second Floor: Entrance Hall, Kitchen, Living Room, Two Bedrooms, En-Suite and a Bathroom/WC.
External: Allocated under cover car parking space and visitor parking spaces.
Location
This property is positioned in a residential area and is a distance of approximately 2.0 miles of Maidstone town centre.
Purchase Information
For Sale is a 50% share of the property for £100,000 with an additional monthly charge of £482.82 which includes Rent, Ground Rent and Service Charge.
Additional Information
If you require any further information or wish to arrange a viewing, please contact Orbit Home Ownership Services using the details provided.
Key Features
Vendor Information
Key features:
· Large entrance hall with one floor to ceiling cupboard, and second hot water storage cupboard.
· Open plan living / dining space leading on to a large private balcony overlooking the courtyard.
· Well maintained kitchen with fitted electric hob, oven and hood, space and plumbing for white goods and attached waste disposal on the sink unit.
· Master bedroom with fitted wardrobe unit, leading on to an en-suite containing walk in shower, basin and WC.
· Second larger bathroom with bath, overhead shower, basin and WC.
· Second bedroom with large sliding doors leading on to the balcony.
· Heating from storage / electric heaters throughout.
· Allocated underground parking space, with on-site visitors parking available
· Council tax band: D
· EPC rating: B
· Lease date: 125 years from December 2004.
Remedial work has been identified concerning cladding. This is expected to take place in January 2024 with no cost or liability to the leaseholders since the property qualifies for protection under the Building Safety Act 2022, protecting the leaseholder from any costs related to cladding remediation.
Surrounding area: within half a mile of Maidstone town centre, with all available local amenities. Maidstone West train station within a five minute walk (0.2 miles), Maidstone East within a twenty minute walk (1 mile) of the flat, allowing easy access to all London terminals. There is good access to green spaces and local walks, with the complex opening directly on to the Maidstone River Walk and providing quick access to Whatman Park. There are a number of schools within Maidstone, including both primary and secondary schools within walking distance of the property.
Particulars
Tenure: Not specified
Council Tax Band: D
Map
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 50%, full price £200,000, £5,000 Min Deposit. Calculated using a representative rate of 5.26%
