1 bedroom apartment for sale
**UNDER OFFER** 33 Maritime House, Gillingham, ME7 1GS
Share percentage 40%, full price £180,000, £3,600 Min Deposit.
Share percentage 40%, full price £180,000, £3,600 Min Deposit.
Monthly Cost: £892
Rent £296,
Service charge £186,
Mortgage £410*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
The apartment is located on the second floor of a seven storey block of apartments.
Description
Accommodation
Ground Floor: Entrance Hall, Open plan Living Room/Kitchen, and a Bathroom/WC.
External: Balcony accessed via the living area and lawned communal gardens.
Communal Areas: Entrance reception, staircase, lift and landings, gym use, the podium and communal landscaped gardens
Location:
The property is considered to be in a sought-after location close to local shops and amenities and within approx. one mile of Gillingham railway station.
It is part of a new development area close to the River Medway.
Key Features
Purchase Information
For Sale is a 40% share of the property for £74,000 with an additional monthly charge of £482.14 which includes Rent, Ground 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.
Rent review information
As of 01/04/24 the property charges will change due to Orbit’s Rent Review 2024.
Therefore, the monthly rent will be £322.83 and the monthly service charges will be £251.34.
Particulars
Tenure: Not specified
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 £180,000, £3,600 Min Deposit. Calculated using a representative rate of 5.26%
