2 bedroom apartment for sale

Available

12 Davit House, Cannons Wharf, TN9 1EQ

£71,250 · Shared Ownership New Build

Share percentage 25%, full price £285,000, £3,563 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Balcony/Terrace
Parking
£71,250 Shared Ownership New Build

Share percentage 25%, full price £285,000, £3,563 Min Deposit.

Monthly Cost: £1,044
Rent £438, Service charge £200, Mortgage £406*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

£
Summary

The apartment is located on the third floor.

Description

Accommodation

Third Floor: Open plan kitchen/living room, two bedrooms, one en suite shower room and a main family bathroom/WC

External: Allocated parking spaces and external balcony

Location

This property is positioned in a residential area and is approximately 0.2 miles of Tonbridge town centre.

Key Features

Purchase Information

For Sale is a 25% share of the property for £71,250 with an additional monthly charge of £638.16 which includes:

Rent, Ground Rent, Service Charge and Management 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 £477.45 and the monthly service charge will be £262.40.

Particulars

Tenure: Not specified
Council Tax Band: C

Map
Tonbridge (0.57 miles) Hildenborough (2.80 miles) High Brooms (3.06 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.

£71,250
Shared Ownership New Build
Estimated Monthly Cost:£1,044
Rent £438
Service Charge £200
Mortgage £406

Share percentage 25%, full price £285,000, £3,563 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.