1 bedroom apartment for sale
Watling Street, Stone, DA2 8DE
Share percentage 40%, full price £260,000, £5,200 Min Deposit.
Share percentage 40%, full price £260,000, £5,200 Min Deposit
Monthly Cost: £1,083
Rent £358,
Service charge £160,
Mortgage £565*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
- You must be at least 18 years old.
- You cannot afford to buy a home suitable for your needs on the open market.
- You will need sufficient savings for a mortgage deposit and a clean credit history to qualify for a mortgage.
- Your annual household income must be less than £80,000.
- You must be a first time buyer or existing shared owner. If you already own a home, you need to move but you cannot afford to, then please discuss your situation with us. There are some circumstances under which you could be eligible.
- A priority point scoring system will be used to assess housing need, following Homes England guidelines, based on meeting the connection criteria. Due to high demand we'll be prioritising applicants with a live/work connection to Dartford. A priority point-scoring system will be used to assess housing need - following Homes England guidelines. Assessment is based on the connection criteria and having an Agreement in Principle (AIP) in place.
Summary
One bedroom apartment with Shared Ownership - perfect for first-time buyers!
Description
KNIGHTS REACH:
Welcome to Latimer at Knights Reach, a unique collection of homes, located on the site of a former chalk quarry in Dartford, Kent.
This development is set to become a vibrant new community, offering high-quality homes surrounded by beautifully landscaped open spaces. Residents will enjoy a peaceful environment, with excellent transport links to Central London in under an hour.
HOUSETYPES:
A range of one and two bedroom apartments, as well as spacious two, three, and four-bedroom houses. All available with shared ownership.
ELIGIBILITY:
A priority point scoring system will be used to assess housing need, following Homes England guidelines, based on meeting the connection criteria. Due to high demand we'll be prioritising applicants with a live/work connection to Dartford. A priority point-scoring system will be used to assess housing need - following Homes England guidelines. Assessment is based on the connection criteria and having an Agreement in Principle (AIP) in place.
AVAILABILITY:
Apartments now available to reserve, please register your interest to submit your application.
HOME OF THE WEEK: Plot 550 | 34 Saltwood Avenue
£500 towards your legal fees when you reserve this home*.
- One bedroom apartment, ground floor.
- Private terrace space.
- Plot 500 is on the market for £104,000 (40% share of £260,000 Full Market Value).
- Minimum mortgage deposit £5,200.
*Terms and conditions apply. £500 is available for the home of the week. Value discounted upon legal completion. No cash alternative is available. Please speak to your sales adviser to find out more.
Key Features
- Fully inclusive specification
- Flooring throughout
- Open plan layout
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Key Information Document Floor Plan Price ListMap
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: Yes - Private Balcony
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £260,000, £5,200 Min Deposit. Calculated using a representative rate of 4.78%
