2 bedroom apartment for sale
Flat 2 Saxon House, 1 Tram Way, ME1 3GB
Share percentage 40%, full price £270,000, £5,400 Min Deposit.
Share percentage 40%, full price £270,000, £5,400 Min Deposit
Monthly Cost: £1,183
Rent £443,
Service charge £153,
Mortgage £587*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
This apartment is located on the ground floor.
Description
Accommodation
Ground Floor: Entrance, Kitchen, Living Room, Two Bedrooms and a Bathroom/WC.
Location
The property is located along Tram Way, south of Peters Village and east of the River Medway.
Local amenities are within close proximity and Snodland Railway Station is close by.
Vendor Information
The property is situated by the river front.
There are shops right next door and there is an amazing primary school about 5 mins walk. There are other primary schools in villages nearby that also have a good reputation.
There is a co-op, a village hall, beauty salon, dentist and pizza place nearby. A café and doctors surgery are due to be built.
There is also a park, additional play areas and a large recreation field where there sporting clubs for children.
There is one allocated parking space, visitors parking bays within the road and a car park nearby for the shops, which provides plenty of parking.
Key Features
Purchase Information
For Sale is a 40% share of the property for £108,000.00 with an additional monthly charge of £595.98 which includes Rent and Service Charge.
Additional Information
If you require any further information or wish to arrange a viewing, please contact Orbit Home Ownership Services using the details provided.
Particulars
Tenure: Not specified
Council Tax Band: C
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
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 40%, full price £270,000, £5,400 Min Deposit. Calculated using a representative rate of 4.78%
