*** SHARED OWNERSHIP *** A SOUGHT AFTER AND CENTRALLY LOCATED TWO BEDROOM APARTMENT SITUATED PARALLEL TO THE RIVER MEDWAY, WITHIN WALKING DISTANCE OF THE TOWN CENTRE AND MAINLINE RAILWAY STATIONS.
This apartment offers spacious open plan Kitchen/Living area including balcony to front, two bedrooms and bathroom. There is lift access and secured Electric Gated Parking.

THIS IS BEING OFFERED AS A SHARED OWNERSHIP PROPERTY. £100,000 REPRESENTS A 50% SHARE OF THE FULL VALUE OF £200,000 WITH A MONTHLY RENTAL OF £300.72 PER MONTH AND A MONTHLY SERVICE CHARGE OF £151.51 PER MONTH

Contact: PAGE & WELLS King Street Office 01622 756703.

EPC rating: B
Council Tax Band: D
Tenure: Leasehold.

LOCATION:

Centrally located in Maidstone town centre, within walking distance of riverside walks, shops and mainline railway stations.

KEY FEATURES:

Being offered as 50% shared ownership property

Spacious open plan living/kitchen area

Balcony to front

Adjacent to the River Medway

No forward chain

Lift access to all floors

Allocated parking space situated in secure electric gated parking area.

ROOMS:

Kitchen / Lounge Area

Principal Bedroom

Bedroom 2

Family Bathroom

EXTERNALLY:

There is a secure ground floor gated parking area, of which the apartment has one allocated space.

LEASE DETAILS:

125 Year Lease granted 2016
Ground Rent - £150 per annum
Service Charge - £139.86 per month

This is being offered as a Shared Ownership Property. £100,000 represents a 50% Share of the full value of £200,000 with a monthly rental of £291.37 per month and a monthly service charge of £139.86 per month.
Any interest applicant has to be qualified and approved by the Housing Association's Financial Advisor. The basic requirements to purchase are:

•You have a gross household income of no more than £80,000 per annum.
•You are unable to purchase a suitable home to meet your housing needs on the open market.
•You do not already own a home or you will have sold your current home before you purchase or rent

VIEWING:

Viewing strictly by arrangements with the Agents Head Office: 52-54 King Street, Maidstone, Kent ME14 1DB
Tel: 01622 756703