Share Price £30,000 (from 25% Min. Share)

Full Value £120,000 | £1,500 Min. Deposit

Scheme: Shared Ownership Resales

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1 bedroom apartment in Ramsgate - Kent

place 37 Meridian Close, CT12 6AY

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Modern one bedroom second floor apartment with allocated parking


Eligibility

You must have a gross household income of no more than £80,000 per annum.

Priority for our homes is given to current MOD personnel and then on a first come, first served basis.

For further information of our Selection & Allocation policy, please contact the Sales team on 0300 555 2171


Description

We are delighted to be able to offer this apartment for sale under the shared ownership scheme. This light 1 double bedroom second floor apartment combines spacious accommodation with bright interiors throughout. The property comprises, open plan living/dining incorporating the modern kitchen. Bathroom comprises white suite and allocated parking.

Please be advised there is a strict no pet policy at Meridian Close.

Ramsgate is home to the only Royal Harbour in the UK. With one of the warmest climates in the south you can soak up the atmosphere in one of the many waterfront bars, cafes and restaurants and enjoy the wonderful architecture and the famous Harbour Arches with scenic views across the marina.

Relax and explore the eclectic mix of artisan and boutique shops or stroll along the award-winning sandy beaches and coast line. For more outdoor activities there's cycling and water sports such as kite surfing and canoeing around the stunning chalk cliff coastline.

The property is located off Manston Road (B2050) which leads directly to Ramsgate and seafront. The M2 & M20 lies due west. There are several good transport links.


Key Features

Modern one bedroom apartment

Spacious open plan living space

Allocated parking

Close to local amenities


Download Documents

Link to the floor plan Energy Certificate

Accessibility

F – General Needs

General needs housing does not meet any of the above criteria. Properties in this category will have more than four steps or a ramp access that is steeper than 1:10 to access the property front door. These properties should be marketed with the number of steps to access the property as this will provide an additional factor for helping people choosing what to bid for.


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Calculate Monthly Cost

Share price
£ 30,000
Min. £30,000
Share percentage
Min. 25%
Your deposit
Min. £1,500
Monthly cost*
£444
Cost breakdown
£206
Rent
£93
Service charge
£145
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.