2 bedroom apartment for sale
Ryeland Way, TN25 7FU
Share percentage 35%, full price £200,000, £3,500 Min Deposit.
Share percentage 35%, full price £200,000, £3,500 Min Deposit
Monthly Cost: £882
Rent £351,
Service charge £151,
Mortgage £380*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
Two Bedroom Apartment - Kingsnorth, Ashford
Description
West Kent are pleased to announce the availability of a two bedroom apartment in Kingsnorth, Ashford.
Available through our shared ownership resale scheme at a 35% share, this home compromises of, kitchen with built in oven, open plan with the living room, two bedrooms and bathroom.
The property benefits from a private balcony and parking space.
125 year lease, commencing 2015.
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 "Ryeland Way" in the property/development box at the top.
Key Features
- EPC Rating B
- Private Balcony
- Parking
Particulars
Tenure: Leasehold
Lease Length: 114 years
Council Tax Band: B
Property Downloads
Key Information Document BrochureMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: No
Dishwasher: No
Fridge/Freezer: No
Parking: Yes
Outside Space/Garden: No
Year property was built: Approx 2017
Unit size: As per recent RICs Valuation "The approximate gross internal floor area of the property is in the order of 65m²"
Communal lift: No
Accessible measures: Enquire with provider
Heating: Gas
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 £200,000, £3,500 Min Deposit. Calculated using a representative rate of 4.78%
