3 bedroom house for sale
Plot 8, Common Road, TN17 2BH
Share percentage 75%, full price £480,000, £23,976 Min Deposit.
Share percentage 75%, full price £480,000, £23,976 Min Deposit.
Monthly Cost: £2,016
Mortgage £2,016*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Available at first instance to those having a connection to Tunbridge Wells by way of currently living, working or having a residing family member in the district.
Summary
3 Bedroom semi detached house available at 75% shared equity with NO rent to pay
Description
Constructed by Brookworth Homes as part of their prestigious 'Common Road' development, Landspeed is pleased to offer this 3 Bedroom House for sale on Shared Equity terms at 75% of market value with no rent to pay on the retained equity, unlike other schemes the equity is not a loan. The property is available at first instance to those having a connection to Tunbridge Wells by way of currently living, working or having a residing family member in the district. The homes will be ready for occupation approximately December 2023.
Sissinghurst is situated with Cranbrook to the south, Goudhurst to the west, Tenterden to the east and Staplehurst to the north. It sits just back from the A229 which goes from Rochester to Hawkhurst. The nearest railway station is Staplehurst which runs regularly to London Charing Cross.
Key Features
*75% shared equity NO rent & unlike other schemes the retained equity is not a loan
*Fitted Kitchen with appliances
*2 Tandem off road parking spaces
*Vaillant central heating via heat sourced air pump
*Double Glazing
*Dual aspect to rear via Single doors from Lounge & Dining Kitchen (not as shown on CGI)
*Turfed rear garden
*New Build Warranty
Particulars
Tenure: Freehold
Council Tax Band: New build - Council tax band to be determined
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 75%, full price £480,000, £23,976 Min Deposit. Calculated using a representative rate of 5.26%
