Under Offer

£38,500

Sholden Meadows | Sandwich Road, Sholden, CT14 0FW
Share 10.00% / Full price £385,000 / Deposit £3,850

House
4 bedrooms
1 bathroom
Pets allowed

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Summary

4-bedroom house

Eligibility

In order to be eligible for shared ownership you must:

- be at least 18 years
- have an household annual income of less than £80,000 (£90,000 in London)
- be a first-time buyer, an existing shared ownership homeowner or a former homeowner who can't afford to buy on the open market

Description

Dover District Council are pleased to offer a mix of 2, 3 and 4-bedroom Shared Ownership homes in Sholden, a small village adjacent to the seaside town of Deal. Perfectly located, Deal town and Sandwich are a short drive from the development where you will find local pubs, cafes, restaurants and great historical amenities. There are also primary schools within walking distance as well as secondary schools nearby. These properties are within a Designated Protected Area (DPA). A DPA is typically in a rural location where housing is limited, and affordability is a long-term concern. To ensure that shared ownership homes remain available to future buyers, there is a restriction on the maximum share you can own—usually capped at 80%. This means you won’t be able to staircase to 100% ownership. If you are unclear about what this means, please refer to the Capital Funding Guide.

In this first phase of the handover, we have x1 4-bed end terrace property available (property type SH54). This house is on offer for £385,000 with a minimum of a 10% share. The property has open plan downstairs living with vinyl flooring throughout the ground floor and a spacious lounge. The kitchen is fitted with modern appliances and there is a downstairs cloakroom. Upstairs there are 2 double bedrooms, 2 single bedrooms and a family bathroom. The stairs, hallway, landing and bedrooms all have fitted carpet. This property comes with 2 allocated parking spaces.

We operate a priority cascade for some of our shared ownership developments. This is to ensure that properties we sell meet the needs of applicants, and to help reduce underoccupancy of family homes. The length of the marketing cascade will be determined by the size of the property, the location and the need in the area, and can vary between developments. This will usually apply to larger family sized homes, such as 3, 4 or 5 bed properties.

Description

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Local area information
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Dover District Council
Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy Ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.
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Monthly cost calculator
£38,500 Shared Ownership New Build Full price £385,000
Estimated monthly cost £1,052
£

How is this calculated?

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