Share percentage 40%, full price £360,000, £14,400 Min Deposit.
Monthly Cost: £1,283
Rent £495,
Service charge £45,
Mortgage £743*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
Summary
Our second largest house type on this phase, this home has 2 DRIVEWAY spaces, a WESTERLY facing rear garden, FLOORING throughout and INTEGRATED appliances.
Description
Plot 246 - The Holly
The second largest house type available on this phase, the Holly offers plenty of space to unwind and enjoy. Plot 246 benefits from a private westerly facing garden and 2 parking spaces adjacent to the home.
As you enter the home, the front-facing living room is immediately to your side which overlooks the landscaped front garden. This then leads to an area where you will find the guest cloakroom and understairs storage, before opening up into the open-plan kitchen/dining area. With kitchen units wrapping around 3 sides of the room, there's plenty of space to entertain friends and family. The kitchen also comes fitted with an integrated oven, hob and fridge/freezer, and from the dining area, there's double doors out to the rear garden.
Upstairs, bedroom 2 stretches across the front of the home and offers plenty of space for a double bed, wardrobe and desk. Bedroom 1 and bedroom 3 (which is a single), overlook the rear garden and completing the house is a family bathroom and storage cupboard. The bathroom comes fully fitted with contemporary white sanitaryware, including bath, shower set and glass screen.
Our homes at Westwood Point come with a vast specification, including flooring throughout and turf to rear gardens.
Anticipated build completion May/June 2024.
Shared Ownership
Full Market Value: £360,000
Minimum Share: £144,000 (40%)
Monthly Rent: £495.00
Maximum Share: £270,000 (75%)
Monthly Rent: £206.25
Other Monthly Charges (includes service charge and buildings insurance): £44.79
Predicted Energy Assessment*:
Energy Efficiency Rating:84(B)
Environmental Impact (CO2) Rating:87 (B)
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Tenure: Leasehold
Length of lease: 125 years
Initial ground rent: £0.00
Estimated annual service charge: £263.34
Service charge review period: April (annually)
Council tax band: TBC - Council Tax Band will be confirmed by the local authority on completion of the property
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Please note that whilst every effort is made to publish interior images as similar to the home as possible, these images are not specific to the development and are selected from a library of show homes across our Orbit Homes developments. This means that the images shown do not represent the specification included within this specific plot and variances will apply. These images are used for illustrative purposes only, and selected to give the closest representation available of the layout. For site specific layout and specification, please refer to technical drawings.
*The energy performance has been assessed using the Government approved SAP2012 methodology and is rated in terms of the energy use per square meter of floor area; the energy efficiency is based on fuel costs and the environmental impact is based on carbon dioxide (CO2) emissions. These are predicted ratings which might not represent the final rating EPC rating upon completion of the property.
Westwood Point
We are delighted to present Westwood Point Phase 5b, a beautiful collection of two, three and four bedroom homes. All homes are available to buy through Shared Ownership Scheme subject to eligibility, terms and conditions.
Located in the heart of Thanet, with fantastic amenities right on its doorstep and the towns of Margate, Ramsgate and Broadstairs all within 10 minutes by road.
All essential shops are only a short walk or drive from your door and there are plenty of other ways to enjoy your spare time. Westwood Cross Shopping Centre is home to a huge collection of stores from fashion, pharmacies, a cinema, restaurants and health club.
Disclaimers
Shared Ownership
Shared Ownership is subject to qualification.
Rent is 2.75% of the unsold equity.
Under the terms of the Shared Ownership scheme you will be offered the maximum % share you can afford.
Other monthly charges include service charge and buildings insurance.
Key Features
- Open-plan kitchen/dining leading out to the rear garden
- Fitted kitchen with integrated oven, hob, extractor hood and fridge/freezer
- 2 good-sized double bedrooms and a third single bedroom
- Separate front-facing living room
- 2 allocated driveway spaces next to the home
- Karndean flooring to wet rooms
- Carpet to non wet rooms
- Turf and paved patio to rear garden
- 10 year NHBC warranty
- On the doorstep of Margate, Ramsgate and Broadstairs all within 10 minutes by road
- A short walk or drive to Westwood Cross shopping centre
- Excellent transport links into London, the South East and further afield
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan Brochure BrochureMap
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 £360,000, £14,400 Min Deposit. Calculated using a representative rate of 4.80%
