£180,000
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Property Features:
● Communal and wheelchair accessible entrance
● Entry system and lift access
● Open plan kitchen and living space
● Kitchen with integrated appliances
● Two bedrooms
● Family bathroom with shower over bath
● Hallway storage cupboard
● Gas heating
● Private balcony
● Allocated and visitor parking
● Communal bike storage
Lease: Commenced 2020 with 999-year term
Council Tax Band: Medway Council - C
Prior to viewing: All applicants must be registered and approved by Hyde New Homes and may be required to carry out a shared ownership affordability assessment.
Financial Information:
Property Value = £300,000
Percentage Share = 60%
Share Price = £180,000
Monthly Rent = £314.24 (From 1st April 2025)
Monthly Ground Rent = £20.83
Monthly Service Charge = £195.34 (From 1st April 2025)
Please note the rent and service charge is reviewed annually 01 April. Your home may be at risk if you do not keep up your mortgage and rent repayments. Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract. Areas, distances or measurements referred to are approximate. For confirmation of property details refer to the terms of the lease and plans from your solicitor. Hyde New Homes Resale properties are sold as seen. Please note that the Resales Team have not visited this property.
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