Share Price £30,000 (from 25% Min. Share)

Full Value £120,000 | £1,500 Min. Deposit

Scheme: Shared Ownership Resales

Under offer

1 bedroom apartment in Ramsgate - Kent

place Meridian Close, CT12 6AY

Budget Calculator
Calculate monthly cost help

Superb one bedroom, first floor apartment with allocated parking


Eligibility

In accordance with Consumer Protection from Unfair Trading Regulations 2008, these details and images have been prepared with due care, however the information contained therein is intended as a preliminary guide only.

Your home is at risk if you do not keep up repayments on a mortgage, rent or other loans secured on it. The market value of your home can go down as well as up.

Floor plans, dimensions and distances are provide as approximate measurements only. Dimensions and floor plans are for guidance and are not intended to be used to calculate carpet sizes, appliance space, or items of furniture. Photographs may show only certain aspects as the time when they were taken, and you should rely upon actual inspection. No assumption should be made in respect of parts of the property not shown in photographs.

Total areas are provided as gross internal areas and are subject to variance. Reference to appliances and/or services does not imply that they are in working order or tested.

Our homes are allocated to those in line with government priorities. Top priority is given to qualifying Armed Forces personnel. Unless any other priority agreements are in place, homes will be allocated on a first come first basis. Further details of our Selection and Allocation policy are available on request.

When we process applications we are obliged to follow a priority based allocation process. We have information available on request regarding our priority system, and HCA or GLA guidelines are available online. Reservations are subject to a £300 reservation payment, which will be taken once eligibility and affordability are preliminarily confirmed.

We reserve the right to review the property prices quoted until the reservation payment has been taken. Once the payment is taken, we will complete a full and thorough assessment to verify your affordability and eligibility, via an appointed Specialist Mortgage Broker. Up until this assessment is complete we reserve the right to allow your application to proceed. After the full assessment is completed, your reservation payment is non-refundable once your application is accepted.

The information provided does not constitute or form part of an offer or contract, and provides a general outline for the guidance of intending purchasers or lessees, and does not constitute in whole or in part an offer or a Contract. No statement in these particulars is to be relied upon as a statement or representation of fact. Reasonable endeavours have been made to ensure that the information given in these particulars is correct, but any intending purchaser or lessee should satisfy themselves by inspection and surveys, and your solicitor by searches and enquiries as to the correctness of each statement.

Neither Southern Home Ownership nor anyone in its employment or acting on its behalf has authority to make any representation or warranty in relation to this property.


Description

This is your chance to own a 25% share in asuperb one bedroom apartment so please don't miss out!

Walking through the front door you are welcomed into a bright hallway, a door to the left provides an ideal space for storing coats and shoes whilst the door to the right leads into bathroom which is neutrally decorated and benefits from shower over bath. Opposite the bathroom you discover the double bedroom, which is a superb size with a large window allowing light to flood in, to make the space feel bright and airy, neutrally decorated you can easily imagine personalising the space to make it your own! The open plan kitchen/dining/living room is the perfect space to relax or enjoy preparing a meal whilst chatting to family/friends. The kitchen is modern, well equipped and offers plenty of worktop and cupboard space.

The apartment also benefits from allocated parking.


Key Features

Superb, spacious one bedroom, first floor apartment

Open plan, modern living space

Good sized bathroom with shower over bath

Allocated parking

Close to local amenities

Excellent transport links


Download Documents

Link to the floor plan Energy Certificate

Accessibility

F – General Needs

General needs housing does not meet any of the above criteria. Properties in this category will have more than four steps or a ramp access that is steeper than 1:10 to access the property front door. These properties should be marketed with the number of steps to access the property as this will provide an additional factor for helping people choosing what to bid for.


Budget Calculator
arrow_backwards Back to 1 bedroom apartment in Ramsgate - Kent

Calculate Monthly Cost

Share price
£ 30,000
Min. £30,000
Share percentage
Min. 25%
Your deposit
Min. £1,500
Monthly cost*
£450
Cost breakdown
£207
Rent
£98
Service charge
£145
Mortgage*
help

Location

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.