£42,500
A Fantastic Opportunity to Purchase a One Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis
A well-presented, ground-floor property which has a spacious reception room and a semi-open-plan kitchen with attractive units. There is a good-sized bedroom and a naturally-lit bathroom. Richard Howe House has a communal rear garden and energy-efficiency ratings are good, thanks to well insulated walls, double glazed windows and gas central heating. The flat comes with use of a parking space plus Rochester and Chatham town centres, for their railway stations, shopping facilities and other amenities, can also be reached via bicycle or local bus.
SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £170,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/3nza78r4]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Clarion.
Tenure: Leasehold (new 125 year lease from date of completion).
Minimum Share: 25% (£42,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £282.49 per month (subject to annual review).
Service Charge: £66.63 per month (subject to annual review).
Guideline Minimum Income: £19,000 (based on minimum share and 10% deposit).
Council Tax: Band B, Medway Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals).
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