2 bedroom apartment for sale
5 Corys Road, ME1 1GU
Share percentage 50%, full price £295,000, £14,750 Min Deposit.
Share percentage 50%, full price £295,000, £14,750 Min Deposit
Monthly Cost: £1,305
Rent £385,
Service charge £188,
Mortgage £732*
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 modern first floor, two-bedroom apartment in the heart of Rochester.
Description
- Communal entrance with entry system
- Lift access
- Open plan kitchen and reception
- Kitchen with integrated appliances
- Family bathroom with shower over bath
- Hallway storage
- Private balcony
- Allocated permit parking, and visitor parking available
Lease: Commenced 2021 with 999-year term
Council Tax Band: Medway 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
- Just a 5-minute walk to Rochester Train Station, the location provides direct rail services to London in as little as 35 minutes, making it ideal for commuters.
- Rochester High Street is a short stroll away, where you’ll find a vibrant mix of restaurants, cafés, salons, and retail shops, offering everything from daily essentials to weekend leisure. A supermarket is conveniently located on the same road, with extended opening hours, ensuring quick and easy access to groceries just minutes from your door.
- Families are well served, with a new primary school at the end of the road, and multiple nurseries and secondary schools within a mile radius. Several high-performing secondary schools are also just a short drive away, making this a practical location for those with children of all ages.
- The area is steeped in history, with the iconic Rochester Castle just moments away, as well as regular festival events that draw visitors and create a lively community atmosphere throughout the year.
- Enjoy peaceful riverside walks and take advantage of the multiple playgrounds and green spaces in the area—perfect for relaxation or time outdoors.
Particulars
Tenure: Leasehold
Lease Length: 995 years
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
Material Information
Total rooms: 2
Furnished: Unfurnished
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Permit
Outside Space/Garden: Yes - Private Balcony
Year property was built: Enquire with provider
Unit size: Enquire with provider
Communal lift: Yes
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 50%, full price £295,000, £14,750 Min Deposit. Calculated using a representative rate of 4.42%
