2 bedroom apartment for sale
Chaucer Court, Strood, ME2 4GJ
Share percentage 25%, full price £200,000, £5,000 Min Deposit.
Share percentage 25%, full price £200,000, £5,000 Min Deposit.
Monthly Cost: £757
Rent £290,
Service charge £213,
Mortgage £254*
Calculated using a representative rate of 4.64%
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.
Applicants will be assessed on a first come first served basis
Summary
2 Bedroom 1st Floor Flat with allocated parking and visitors bays
Description
Accommodation:
Hallway: 1m x 5.2m
Bedroom 1: 1.2m x 1.1m + 2.7m x 2.7m
Bedroom 2: 2.8m x 1.1m + 1.7m x 4.1m
Bathroom: 1.6m x 1.6m + 1.1m x 1m
Lounge/Kitchen: 1.2m x 0.4m + 3m x 5.5m + 2.8m x 2.3m
Balcony: (Unmeasured)
Gross Internal Floor Area: Approx. 56 SQM
Tenure: Leasehold – 99 years from 1st of September 2009
Parking: 1x Allocated Space
EPC Rating: 82 B
Location:
The property benefits from a prime central location. The development has secure private parking to the rear, plus additional parking located at the front of the property. The property benefits from easy access to the A2 and M2 roads with direct routes to London, 25 mins to Victoria station. The property is a very short distance from Strood overground train station and Rochester High Street and close to good primary schools. It’s only 15 mins drive to Bluewater shopping centre!
Key Features
2 Bedrooms
Allocated Parking
Visitors Parking Bays
Central Location
Close to Amenities
Primary Schools within 1 mile radius
Town Centre 1 min walk
Train Station 5 min walk
Particulars
Tenure: Leasehold
Lease Length: 85 years
Council Tax Band: Not specified
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 £200,000, £5,000 Min Deposit. Calculated using a representative rate of 4.64%
