Share Price £53,750 (from 25% Min. Share)

Full Value £215,000 | £2,688 Min. Deposit

Scheme: Shared Ownership

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Shared Ownership at The Elements - 2 bed apartment in Herne Bay - Kent

place Clarence Road, CT6 8TH

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Two bedroom apartments available to view


Description

Reserve off plan a two bedroom Shared Ownership home

Reserve for £99 + legal fees £1,000 paid for reservations received before end of May

This new build development offers a unique opportunity to purchase an apartment close to the sea front at Herne Bay, a choice of contemporary apartment block - Founders View or a more traditional apartment block - Carpenters Court.

Prices

Homes from £86,000 (40% share of £215,000).

Shared Ownership at The Elements

The Elements comprise a selection of nine 2 bedroom apartments, available through Shared Ownership. These contemporary homes are designed to suit a range of tastes with three located in a modern apartment block and a further six located in a Georgian-style apartment building.

Founders View

Three contemporary 2 bed apartments in a modern block

Carpenters Court

Six contemporary 2 bed apartments in a Georgian-style building

Location

Set in a quiet, residential location in the west end ofthe bay

Moments from the high street and a short walk from the train station (with direct connections to London)


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Property brochure 1
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Calculate Monthly Cost

Share price
£ 53,750
Min. £53,750
Share percentage
Min. 25%
Your deposit
Min. £2,688
Monthly cost*
£705
Cost breakdown
£296
Rent
£140
Service charge
£269
Mortgage*
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Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.