2 bedroom apartment for sale
2 Waterman Way, ME1 3FY
Share percentage 70%, full price £270,000, £9,450 Min Deposit.
Share percentage 70%, full price £270,000, £9,450 Min Deposit.
Monthly Cost: £1,324
Rent £195,
Service charge £52,
Mortgage £1,077*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
The apartment is located on the first floor.
Description
Accommodation
First Floor: Kitchen, Living Room, Two Bedrooms, and a Bathroom/WC.
External: Allocated parking space.
Location
This property is positioned in a residential area and is approximately 5 miles of Rochester town centre.
Vendor Information
- Central heating
- Plenty of electric sockets throughout
- Phoneline access
- Double glazing throughout
- Juliette balcony living room/kitchen open planned
- Plenty of storage in the kitchen
- Cupboard at the top of the stairs for storage (fibre internet is also here)
- Gas hob
- Fan electric oven
- Shower over bath
- Heating gas and electric
- Master bedroom has a built-in wardrobe
- Carport space for one car
- Storage under the stairs (located in the car port)
- Local schools, shops, spa, takeaways and amenities close by.
Key Features
Purchase Information
For Sale is a 70% share of the property for £189,000 with an additional monthly charge of £246.62 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 01/04/24 the property charges will change due to Orbit’s Rent Review 2024. Therefore, the monthly rent will be £212.29 and the monthly service charge will be £117.70.
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 70%, full price £270,000, £9,450 Min Deposit. Calculated using a representative rate of 5.26%
