3 bedroom house for sale
The Farrows, Maidstone, ME15 9ZJ
Share percentage 70%, full price £340,000, £11,900 Min Deposit.
Share percentage 70%, full price £340,000, £11,900 Min Deposit.
Monthly Cost: £1,596
Rent £191,
Service charge £43,
Mortgage £1,362*
Calculated using a representative rate of 5.30%
Calculate estimated monthly costs
Summary
Three Bedroom House available in Maidstone
Description
West Kent are pleased to announce the availability of this three bedroom house in Maidstone. It is available through our shared ownership resale scheme at a 70% share. This mid-terraced three bedroom house is set over three floors. On the ground floor, the property makes up of a bright kitchen, downstairs WC and large living room with back doors leading to the garden. The first and second floor benefit from three generous sized bedrooms and a family bathroom with a shower over bath.
The terms of the lease for this property are 125 years, starting from 2012.
For an opportunity to view this property please fill in an application form using the below link and quote "The Farrows" in the top box:
https://www.westkent.org/find-a-home/buy-a-home/shared-ownership-application-form/
Applications will be assesses week commencing 10th July and if you are eligible, we will contact you to arrange a viewing directly with the seller.
Please see attached an important document with key information about Shared Ownership to support with any queries you may have and feel free to get in touch if you have any follow up questions
Key Features
- 70% Shared Ownership
- Garden
- Parking
- Three floors
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: D
Property Downloads
Key Information Document Energy CertificateMap
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 70%, full price £340,000, £11,900 Min Deposit. Calculated using a representative rate of 5.30%
