2 bedroom apartment for sale
***UNDER OFFER*** 49 Maritime House, Ocean Drive, Medway, ME7 1GS
Share percentage 25%, full price £265,000, £3,313 Min Deposit.
Share percentage 25%, full price £265,000, £3,313 Min Deposit.
Monthly Cost: £1,247
Rent £570,
Service charge £299,
Mortgage £378*
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, Two Bedrooms, En-Suite/WC and a Bathroom/WC.
External: Balcony and one allocated car parking space.
Location
This property is positioned in a residential area and is within walking distance of Medway town centre.
Purchase Information
For Sale is a 25% share of the property for £66,250 with an additional monthly charge of £869.26 which includes 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: 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 25%, full price £265,000, £3,313 Min Deposit. Calculated using a representative rate of 5.26%