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2 bedroom apartment for sale

Available

Steel House, 33 Avebury Avenue, Tonbridge, TN9 1TL

£112,000 Shared Ownership Resale

Share percentage 35%, full price £320,000, £11,200 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Balcony/Terrace
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£112,000 Shared Ownership Resale

Share percentage 35%, full price £320,000

Monthly Cost: £1,353

Rent £659, Service charge £129, Mortgage £565*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

£
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Summary

A Fantastic Opportunity to Purchase a Two Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis

Description

An attractive, first-floor apartment featuring a spacious reception room with herringbone flooring, semi-open-plan kitchen and a south-facing balcony. Both bedrooms are good-sized doubles with large windows and the hallway provides built-in storage space as well as access to the stylish bathroom. The energy-efficiency rating is very good, thanks to well insulated walls, gas central heating and high performance glazing. Steel House is close to the centre of town, the eastern end of Avebury Avenue connecting with the main high street. There are several schools Ofsted-rated either 'Good' or 'Outstanding' in the local area. Tonbridge Railway Station, for services to a number of destinations including in to London Bridge/Waterloo East/Charing Cross, is just a few minutes walk away. The apartment comes with use of an allocated parking space.

SHARED OWNERSHIP (Advertised price represents 35% share. Full market value £320,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://bit.ly/3kzL2jg]

(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 (125 years from 01/02/2018).
Minimum Share: 35% (£112,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £658.62 per month (subject to annual review).
Service Charge: £129.46 per month (subject to annual review).
Ground Rent: £150.00 for the year.
Guideline Minimum Income: Dual - £44,800 | Single - £51,200 (based on minimum share and 10% deposit).
Council Tax: Band C, Tonbridge & Malling Borough 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).

Key Features
  • Guideline Minimum Deposit £11,200
  • Guide Min Income Dual £44.8k | Single £51.2k
  • First Floor with Balcony
  • Approx. 770 Sqft Gross Internal Area
  • High Performance Glazing
  • Gas Central Heating
  • Parking Space
  • Minutes from Tonbridge Station
Particulars

Tenure: Leasehold
Council Tax Band: C

Property Downloads
Key Information Document Floor Plan Brochure
Tonbridge (0.13 miles) Hildenborough (2.36 miles) Leigh (Kent) (2.50 miles)
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Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

Read More Read Less
  • 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.

£112,000
Shared Ownership Resale
Estimated Monthly Cost:£1,353
Rent £659
Service £129
Mortgage £565

Share percentage 35%, full price £320,000, £11,200 Min Deposit. Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

£
Disclaimer
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.