1 bedroom apartment for sale
***UNDER OFFER*** 30 Ensign House, Pegasus Way, ME7 1GQ
Share percentage 30%, full price £155,000, £2,325 Min Deposit.
Share percentage 30%, full price £155,000, £2,325 Min Deposit.
Monthly Cost: £684
Rent £263,
Service charge £156,
Mortgage £265*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
The apartment (super studio flat, Manhattan Style) is located on the fourth floor of a six storey block of apartments.
Description
Accommodation
Fourth Floor: Open plan Kitchen/Living Area, Bedroom area separated by sliding doors and a Bathroom/WC.
External: Balcony, accessed from the living area, overlooking the communal car park to the rear.
Communal Area: Entrance Reception, Staircase, Lift, and Communal Grounds.
Location
This property is positioned in a residential area and is within the Victory Pier development, constructed circa 2020 by Berkeley Homes, as part of a substantial regeneration development close to the river Medway.
The property is in a sought-after location close to local shops and amenities and within approx. one mile of Gillingham railway station.
Key Features
Purchase Information
For Sale is a 30% share of the property for £46,500.00 with an additional monthly charge of £419.19 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.
Rent review information:
As of 01/04/2024 the property charges will change due to Orbit’s Rent Review 2024. Therefore, the monthly rent will be £286.29 and the monthly service charge will be £180.45.
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 30%, full price £155,000, £2,325 Min Deposit. Calculated using a representative rate of 5.26%
