£112,500

This bright, well presented two bedroom apartment is now available in Rochester through Shared Ownership.

The property on the third floor comprises an entrance hall with storage, a spacious living room with a modern open plan kitchen, two bedrooms (one en-suite) and a bathroom.

Outside, there is a private balcony, communal areas and allocated parking. Ideal for couples or small families.

Disclaimer:

SO Resi are listing this property for sale on behalf of the Landlord - M&G UK Shared Ownership Limited. All enquiries received will be initially assessed for eligibility by SO Resi. Viewing appointments will be arranged directly via the shared owner once eligibility checks are completed.

For the purposes of processing and completing this application your personal data may be shared with M&G UK Shared Ownership Limited /Pinnacle and the existing shared owner in accordance with the information in our Privacy Policy at: SO Resi Privacy Policy. Please contact us if you require a copy of our Privacy Policy.

Available for £112,500 for 45% share based on the marketing figure of £250,000.

Monthly rent - £311.75
Monthly Service Charge - £169.92
Total Monthly Charge - £481.67 plus mortgage required for 45% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

Living in Rochester offers a comfortable and well-connected lifestyle in the heart of Medway. Set within easy reach of Rochester’s historic High Street and castle, the location combines everyday convenience with the charm of one of Kent’s most characterful towns.

Rochester railway station is close by, providing direct mainline services into London and the Kent coast, making it ideal for commuters. For road users, the property is well positioned for access to the A2 and M2, linking quickly to London, Bluewater, and the wider motorway network. Local shops, cafes, riverside walks along the River Medway, and leisure amenities are all within easy reach, making Royal Oak House an attractive choice for professionals and residents seeking connectivity, history, and modern living in one place.

Energy rating band - C

Environmental rating band - C

Years remaining on lease: 112

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by SO Resi and MTVH

You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.