2 bedroom apartment for sale
2 Broke Wood Way, ME16 9FA
Share percentage 35%, full price £240,000, £8,400 Min Deposit.
Share percentage 35%, full price £240,000, £8,400 Min Deposit
Monthly Cost: £1,072
Rent £456,
Service charge £199,
Mortgage £417*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
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.
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.
Summary
Available for resale, a spacious and well-maintained ground floor, two-bedroom apartment in Maidstone.
Description
- Communal entrance with entry system
- Open plan kitchen and reception
- Kitchen with integrated appliances
- Family bathroom with shower over bath
- Hallway storage
- Allocated parking with visitor space
- Access to communal bicycle shed
- Very good energy efficiency
Lease: Commenced 2019 with 999-year term
Council Tax Band: Maidstone Council - C
Monthly Ground Rent = £20.83
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.
Key Features
- Located in Maidstone, Broke Wood Way offers the perfect blend of suburban peace and everyday convenience. Residents enjoy easy access to local amenities including Tesco, Marks & Spencer, and Maidstone Hospital, all within walking distance. The area is well connected, with Barming train station less than a mile away and quick links to the A20 and M20.
- Families are particularly drawn to the area for its excellent schools, including Barming Primary, Jubilee Primary (rated Outstanding), and top-performing grammar schools like Oakwood Park and Maidstone Grammar for Girls. With nearby parks, green spaces, and a strong community feel, Broke Wood Way is ideal for those seeking a balanced lifestyle close to Maidstone town center.
Particulars
Tenure: Leasehold
Lease Length: 993 years
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: n/a
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 35%, full price £240,000, £8,400 Min Deposit. Calculated using a representative rate of 4.42%
