3 bedroom house for sale
Brown Road, Otham, ME15 8YU
Share percentage 35%, full price £420,000, £7,350 Min Deposit.
Share percentage 35%, full price £420,000, £7,350 Min Deposit
Monthly Cost: £1,558
Rent £683,
Service charge £76,
Mortgage £799*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
Three Bedroom Home - Otham
Description
West Kent are pleased to announce the availability of this beautiful three bedroom detached home in Otham, Maidstone. It is available through our shared ownership resale scheme at a 35% share. This family home compromises of, downstairs W/C, kitchen with built in oven, and living room. Leading upstairs is the family bathroom along with three good sized bedrooms.
Externally, the home offers parking for two cars and a large private garden with a lawn and patio area.
Approx Room sizes:
Living room: 15’9 x 9’7
Kitchen: 8’6 x 8’3
Bedroom 1: 15’9 x 9’7
Bedroom 2: 12’ x 9’
Bedroom 3: 9’6 x 6’5
125 year lease, commencing 2020.
The share of the property is available at 35%, 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.
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 "Brown Road" in the property/development box at the top.
Key Features
- Parking
- Three Bedrooms
- Detached Family House
- EPC Rating B
Particulars
Tenure: Leasehold
Lease Length: 120 years
Council Tax Band: E
Property Downloads
Key Information Document BrochureMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Driveway
Outside Space/Garden: Yes - Private Garden
Year property was built: 2020 approx
Unit size: 106m2 as per recent RICS valuation
Accessible measures: Enquire with provider
Listed property: No
Heating: Gas 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 35%, full price £420,000, £7,350 Min Deposit. Calculated using a representative rate of 4.78%
