1 bedroom apartment for sale
***UNDER OFFER*** 48 Maritime House, Ocean Drive, ME7 1GS
Share percentage 30%, full price £150,000, £2,250 Min Deposit.
Share percentage 30%, full price £150,000, £2,250 Min Deposit.
Monthly Cost: £705
Rent £300,
Service charge £149,
Mortgage £256*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
The apartment is located on the third floor of a storey block of apartments.
Description
Accommodation
Third Floor: Entrance Hallway, Kitchen, Living Room, One Bedroom, and a Bathroom/WC.
External: One allocated parking space and an external balcony.
Location
This property is positioned in a residential area and is within walking distance of Medway town centre.
Vendor Information
Modern 1 bedroom studio apartment with sliding door to separate bedroom and living area.
Large storage cupboard with washer dryer inside. Plenty of sockets, including USB ports throughout the apartment and two TV ports.
Kitchen: Integrated appliances including fridge/freezer, dishwasher, microwave oven and hob. Plenty of cupboard space, including drawers and spice rack too.
Bathroom: Bath with shower and storage.
Bedroom: Built in wardrobe.
Balcony: Good size balcony, big enough for at least two chairs and a table.
Location: Close to river and two supermarkets.
Walking distance to train station and local shops and schools.
Gym available to use in next building included in service charge.
Leisure centre close by with gym, pool, class, and spa facilities.
Key Features
Purchase Information
For Sale is a 30% share of the property for £45,000.00 with an additional monthly charge of £449.64 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.
Particulars
Tenure: Not specified
Council Tax Band: B
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 30%, full price £150,000, £2,250 Min Deposit. Calculated using a representative rate of 5.26%