1 bedroom apartment for sale
Alpha House, Peacock Street, DA12 1DW
Share percentage 35%, full price £200,000, £3,500 Min Deposit.
Share percentage 35%, full price £200,000, £3,500 Min Deposit
Monthly Cost: £918
Rent £367,
Service charge £171,
Mortgage £380*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
One Bedroom Flat Available Now
Description
West Kent are pleased to announce the availability of this one bedroom apartment located in Gravesend. It is available through our shared ownership resale scheme at a 35% share. The property is located on the third floor and compromises of, open plan kitchen alongside the living room with space for a dining area, bathroom, spacious bedroom and a wrap around balcony.
125 year lease, commencing 2019.
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 "Alpha House" in the property/development box at the top.
Key Features
- Wrap Around Balcony
- EPC Rating B
- Central location
- 35% Shared Ownership
Particulars
Tenure: Leasehold
Lease Length: 119 years
Council Tax Band: B
Property Downloads
BrochureMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a - Allocated
Outside Space/Garden: Yes - Private Balcony
Year property was built: 2007
Unit size: 67 m² as per the recent RICS valuation
Communal lift: Yes
Accessible measures: Enquire with provider
Listed property: No
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%