2 bedroom apartment for sale
Canterbury Riverside, CT1 1SZ
Share percentage 40%, full price £330,000, £13,200 Min Deposit.
Share percentage 40%, full price £330,000, £13,200 Min Deposit.
Monthly Cost: £1,281
Rent £454,
Service charge £146,
Mortgage £681*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
Summary
2-bedroom riverside apartments, just a short walk away from Canterbury City Centre! Book your viewing today!
Description
Set beside the River Stour in Canterbury, with places to dine, shop and socialise right on your doorstep!
Prices start from £131,000 for a 40% share, based on a full market value of £327,000 for a two bedroom apartment.
Your estimated monthly outgoings*:
Monthly rent: £450
Monthly service charge: £146
Total outgoings*: £1,356
Minimum household income: £41,700
10% deposit: £13,100
Please note that the Council Tax banding is not set until after legal completion. For more information, please refer to your Local Authority.
Your new home
The 2-bedroom apartments at Riverside Square presents a spacious and well-designed living space. The residences boast an open-plan kitchen/living/dining areas, seamlessly integrating functionality and style. Each home has a focal door opens to a private balcony/terrace, providing a perfect spot for relaxation. The master bedrooms feature fitted wardrobes, adding practical storage solutions to the home. With integrated appliances, fitted flooring, and a high-quality specification, this residence is tailored for a hassle-free move-in experience. Ideal for first-time buyers, couples, and young professionals, these home combines modern amenities with thoughtful design to meet diverse lifestyle needs.
Why buy at Riverside Square?
• Be a part of something new – a whole new Canterbury community
• A fully inclusive high specification with integrated appliances at no extra cost!
• New public square at its heart and overlooks the River Stour that runs through the city centre
• 30 minute travel to Kent University
• Well-connected via road and train to London and beyond
What is shared ownership?
Perfect for first time and repeat buyers alike, shared ownership is a government backed scheme which allows you to purchase a home which may be out of your price range by allowing you buy to a share of a home and pay a subsidised rent on the remaining share.
You can buy a 25% – 75% share of your new home. You’ll pay a mortgage on this and a subsidised rent to Hyde New Homes on the remaining share.
As time goes on and your income rises, you’ll have the option to ‘staircase’ – to increase the amount you own and eventually, you can own 100% of your home, and no longer pay rent. Eligibility criteria applies.
The Hyde difference:
• Over 90% customer satisfaction for 10 consecutive years
• High specification as standard
• Contemporary kitchen units with integrated appliances
• Quality flooring included
Register your interest today for further details.
Disclaimer: Images are representive of the Hyde New Homes Riverside Square show home. *Please be aware that a typical monthly mortgage payment based on the given criteria has been included in the total monthly outgoing’s calculation
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan BrochureMap
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 £330,000, £13,200 Min Deposit. Calculated using a representative rate of 4.80%
