3 bedroom apartment for sale
Canterbury Riverside, CT1 1SZ
Share percentage 30%, full price £372,500, £11,175 Min Deposit.
Share percentage 30%, full price £372,500, £11,175 Min Deposit.
Monthly Cost: £1,312
Rent £590,
Service charge £146,
Mortgage £576*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
Summary
Now selling, 3-bedroom riverside homes, just a short walk away from Canterbury City Centre! Book your viewing today!
Description
Prices start from £110,250 for a 30% share, based on a full market value of £372,500 for a three bedroom apartment.
Your estimated monthly outgoings*:
Monthly rent: £590
Monthly service charge: £146
Total outgoings*: £1,375
Minimum household income: £43,000
10% deposit: £11,025
Please note that the Council Tax banding is not set until after legal completion. For more information, please refer to your Local Authority.
Your new home
Each of the 3-bedroom homes at Riverside Square provides generously spacious bedrooms and abundant storage throughout. The open-plan kitchen/living/dining area offers a welcoming and functional space for daily living activities. Accessible through a focal door, a private outdoor space in the form of a balcony or terrace enriches the overall living experience. In the master bedroom, a fitted wardrobe ensures ample storage solutions. Equipped with integrated appliances, fitted flooring, and a high-quality specification, these homes offer a hassle-free move-in experience. Tailored to accommodate families or individuals seeking extra space, each residence seamlessly blends comfort and practicality while providing the convenience of ample storage options.
Why buy at Riverside Square?
• Be a part of something new – a whole new Canterbury community
• A fully inclusive high specification with integrated appliances at no extra cost!
• New public square at its heart and overlooks the River Stour that runs through the city centre
• 30 minute travel to Kent University
• Well-connected via road and train to London and beyond
What is shared ownership?
Perfect for first time and repeat buyers alike, shared ownership is a government backed scheme which allows you to purchase a home which may be out of your price range by allowing you buy to a share of a home and pay a subsidised rent on the remaining share.
You can buy a 25% – 75% share of your new home. You’ll pay a mortgage on this and a subsidised rent to Hyde New Homes on the remaining share.
As time goes on and your income rises, you’ll have the option to ‘staircase’ – to increase the amount you own and eventually, you can own 100% of your home, and no longer pay rent. Eligibility criteria applies.
The Hyde difference:
• Over 90% customer satisfaction for 11 consecutive years
• High specification as standard
• Contemporary kitchen units with integrated appliances
• Quality flooring included
Register your interest today for further details.
Disclaimer: Images are representive of the Hyde New Homes Riverside Square show home. *Please be aware that a typical monthly mortgage payment based on the given criteria has been included in the total monthly outgoing’s calculation
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan 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 30%, full price £372,500, £11,175 Min Deposit. Calculated using a representative rate of 4.80%