2 bedroom apartment for sale

Available

Odo Rise, ME7 2WG

£165,000 · Shared Ownership Resale

Share percentage 75%, full price £220,000, £8,250 Min Deposit.

Available
2 bedrooms
1 Bathroom
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£165,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 75%, full price £220,000, £8,250 Min Deposit.

Monthly Cost: £1,199
Rent £150, Service charge £109, Mortgage £940*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

£
Eligibility

Priority will be offered to MOD personnel.

Summary

Well presented two bedroom first floor apartment

Description

Moat is pleased to present to the market this well presented two-bedroom first floor apartment built around 2007 as part of the Sovereign Quarter development. The property is approximately 62sqm and comprises of an entrance hallway, open plan living kitchen dining area, two bedrooms and family bathroom. The property also benefits from an allocated parking space. There are several primary and secondary schools in the local area, including Rainham Mark Grammar School and St Mary’s Catholic Primary School. Gillingham town centre is approximately two miles away with a good selection of shops, cafes and restaurants to choose from. Hempstead Valley shopping centre is less than five miles away with an extensive range of shops and restaurants available. There is a wide range of leisure facilities in the nearby and surrounding areas including Waterfront Leisure - Gillingham Marina offering swimming, health and fitness facilities, The Strand Leisure Park which also has a seasonal outdoor swimming pool, Riverside Country Park and Capstone Farm Country Park, an ice rink, snow sports centre park and golf courses as just some examples. Gillingham railway station is a mile and a half away with links to London Victoria and the Kent coast. The property is conveniently situated for access onto the A289 with links to the A2 for connections to the M2 motorway and the Medway towns.

Key Features

Entrance hallway with two storage cupboards
Open plan living / dining / kitchen
Fitted kitchen with mixture of wall and base units. Integrated oven and hob, space for washing machine and tall fridge freezer
Two bedrooms
Bathroom/wc with overhead shower facility
Allocated off-street parking space
Gas Central Heating
Floorplans are indicative only from original marketing circa. 2007
Lease date: 125 years from 1 May 2008
Pets are not normally permitted in apartments. If you have a pet, please check with Moat that it will be permitted before proceeding

Particulars

Tenure: Not specified
Council Tax Band: C

Property Downloads
Floor Plan Brochure Energy Certificate
Map
Gillingham (Kent) (1.28 miles) Rainham (Kent) (1.92 miles) Chatham (2.55 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£165,000
Shared Ownership Resale
Estimated Monthly Cost:£1,199
Rent £150
Service Charge £109
Mortgage £940

Share percentage 75%, full price £220,000, £8,250 Min Deposit. Calculated using a representative rate of 5.26%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.