1 bedroom apartment for sale
Amazon Court, Admirals Way, DA12 2AY
Share percentage 70%, full price £160,000, £11,200 Min Deposit.
Share percentage 70%, full price £160,000, £11,200 Min Deposit.
Monthly Cost: £878
Rent £175,
Service charge £135,
Mortgage £568*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Eligibility
You may be eligible for this property if:
· Register your interest (pink button on the right)
· Have a passed initial financial assessment with one of the below companies:
SRC Mortgage Solutions (https://www.srcmortgagesolutions.com/)
TMP The Mortgage People (tmpmortgages.co.uk)
Mortgage Advice Bureau | UK’s leading mortgage intermediary (https://www.mortgageadvicebureau.com)
· You have a gross household income of no more than £80000 per annum when eligible to purchase.
· Live or work in the borough
· You are unable to purchase a suitable home to meet your housing needs on the open market. (Shares cannot be purchased in cash unless you are unable to obtain a mortgage due to age or religious grounds)
· You do not already own a home, or you will have sold your current home before you purchase or rent.
· To purchase this 70% minimum share you will need a minimum joint household income of £31,496 and available savings of £11,200 for a 10% mortgage deposit.
Summary
Southern Housing are delighted to offer for sale this well-presented 1 bedroom 1st Floor Apartment at the highly sought after Amazon Court.
Description
Fantastic high spec property located in the heart of Kent.
This bright airy property is ideal for those wishing to enter the property market.
There is a large open plan kitchen/reception room, large bedroom, titled bathroom, balcony, covered parking spot & luscious communal garden .
Due to the estimated high demand, viewing asap is strongly advised.
Accommodation:
First Floor
Entrance Hall 2.70m x 1.36m + 1.71m x 1.02m
Bedroom 3.25m x 3.16m
Bathroom/WC 2.15m x 1.71m
Lounge/Kitchen 6.67m x 2.99m
Balcony accessed from lounge area.
Viewings by appointment only. Please note Social Distancing measures need to be followed.
Please contact resales via e-mail optivo.resales@southernhousing.org.uk for the vendors details.
Once you have viewed the property, if you wish to apply, application form attached to the viewing email, need to be returned to Southern Housing ASAP
Please note though that if a high volume of applications is received, the deadline might be brought forward.
*Please note the successful applicant will be required to pay a £250 non-refundable reservation fee once offered the property.
Key Features
Short walking distance to shops, local amenities & transport links
NEAREST STATIONS
Gravesend Station0.7 miles
Tilbury Town Station1.9 miles
Northfleet Station2.6 miles
NEAREST SCHOOLS
Chantry Community Academy
State School
Ofsted: Good
0.2 miles
Gravesend Grammar School
State School
Ofsted: Outstanding
0.4 miles
St John's Catholic Primary School, Gravesend
State School
Ofsted: Good
0.4 miles
St John's Catholic Comprehensive
State School
Ofsted: Good
0.6 miles
Particulars
Tenure: Leasehold
Lease Length: 108 years
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 £160,000, £11,200 Min Deposit. Calculated using a representative rate of 4.64%
