** SHARED OWNERSHIP ** A sought after spacious two bedroom third floor apartment conveniently situated within walking distance of the town centre and mainline railway stations.

THIS IS BEING OFFERED AS A SHARED OWNERSHIP PROPERTY. £63,000 REPRESENTS A 35% SHARE WITH A MONTHLY RENTAL OF £448.51 AND A CURRENT MONTHLY SERVICE CHARGE OF £150.96. Contact PAGE & WELLS King Street Office on 01622 756703 for further details. Tenure: Leasehold. EPC Rating: Awaited. Council Tax Band: C.

LOCATION

Conveniently located on the outskirts of Maidstone town centre within walking distance of Riverside Walk shops and mainline railway stations.

KEY FEATURES

• Spacious lounge/diner
• Two good sized bedrooms
• Separate kitchen
• No forward chain
• Allocated parking

ACCOMMODATION

Entrance Hall

Lounge/Diner

Kitchen

Bedroom One

Bedroom Two

Bathroom

EXTERNALLY

The apartment benefits from one allocated parking space and visitors parking spaces are available.

LEASE DETAILS

This property is being offered as a Shared Ownership property, whereby £63,000 represents a 35% share with a monthly rental of £448.51 and a monthly service charge currently set at £150.96. The property can be purchased at full market value of £180,000. Interested parties will need to register and be approved with a Shared Ownership Scheme – see Agent for details.

Basic guidelines for buyers:

1.Must be a first time buyer (or is not a current homeowner).
2.Must pass the affordability assessment with an Independent Financial Advisor, approved on the Hyde New Homes panel. To pass the affordability assessment, all household outgoings can be no less than 25% and no more than 45% debt to household income.
3.Must be able to obtain a High Street mortgage.
4.Must have a good credit history – no CCJ’s or loan defaults.

VIEWING

Viewing strictly by arrangement with the Agent’s Head Office: 52-54 King Street, Maidstone, Kent ME14 1DB. Tel: 01622 756703.