2 bedroom apartment for sale
Pomeroy Avenue, ME8 7FN
Share percentage 40%, full price £285,000, £5,700 Min Deposit.
Share percentage 40%, full price £285,000, £5,700 Min Deposit
Monthly Cost: £1,101
Rent £446,
Service charge £36,
Mortgage £619*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
2 Bedroom Home in Rainham
Description
Available through our shared ownership resale scheme, West Kent are pleased to announce the availability of this bright, two bedroom coach house in Rainham.
As per the recent RICS valuation, this home compromises of:
First Floor:
Landing
Living Room (3407 x 4303mm)
Kitchen/diner (5183 x 5109mm)
Bathroom/wc (2224 x 1911mm)
Bedroom Two (3647 x 2592mm)
Bedroom One (4979 x 3306mm)
Ensuite Shower Room (1447 x 2159mm)
Ground Floor:
Entrance hallway
Integral garage
Externally:
Parking space
Store to under stairs
The share of the property is available at 40%, but you are welcome to staircase and purchase a higher percentage of the property if this is affordable for you (additional legal fees may be added). Please see the key documents about this home attached with important information for your attention.
990 year lease, starting from 2023.
The home will be allocated and viewings arranged based on those first to submit an application form and provide financial confirmation from a financial advisor. After submitting your application form, please contact our sales team at sales@wkha.org.uk for our Stage 1 assessment.
If you are eligible, a member of the sales team will contact you within 5 working days to progress your application.
**Application form**
https://www.westkent.org/find-a-home/buy-a-home/shared-ownership-application-form/
Quote "Pomeroy Avenue" in the property/development box at the top.
Key Features
- Garage
- 2 Bedrooms
- Ensuite
- EPC Rating B
Particulars
Tenure: Leasehold
Lease Length: 988 years
Council Tax Band: B
Property Downloads
Key Information Document BrochureMap
Material Information
Total rooms:
Furnished: Part-furnished
Washing Machine: Yes
Dishwasher: Yes
Fridge/Freezer: Yes
Parking: Yes - Garage
Outside Space/Garden: No
Year property was built: 2023
Unit size: As per recent RICs Valuation "125 sq. m. gross external floor area including integral garage"
Communal lift: No
Accessible measures: No
Listed property: No
Heating: Central
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
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 £285,000, £5,700 Min Deposit. Calculated using a representative rate of 4.78%
