2 bedroom house for sale
18 Mallet Avenue, ME15 8GT
Share percentage 40%, full price £325,000, £13,000 Min Deposit.
Share percentage 40%, full price £325,000, £13,000 Min Deposit.
Monthly Cost: £1,177
Rent £405,
Service charge £33,
Mortgage £739*
Calculated using a representative rate of 5.79%
Calculate estimated monthly costs
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
Two bedroom house available for Shared Ownership
Description
Located four miles to the South of Maidstone this well presented Two bedroom house represents an excellent opportunity.
Offering a large open plan living, dining and Kitchen to the ground floor along with a downstairs WC and under stairs storage cupboard. Upstairs are two bedrooms and the family bathroom. This home also offers private off-street, allocated parking as well as a front and rear garden.
Key Features
- Two bedroom
- Popular location
- Allocated parking
- Front and rear garden
Particulars
Tenure: Leasehold
Lease Length: 118 years
Council Tax Band: C
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 40%, full price £325,000, £13,000 Min Deposit. Calculated using a representative rate of 5.79%