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2 bedroom house for sale

Available

Bluebell Way, Allington, Maidstone, ME16 0ZU

£170,000 Shared Ownership Resale

Share percentage 50%, full price £340,000, £17,000 Min Deposit.

Available
2 bedrooms
2 Bathrooms
Private Garden
Pets allowed
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£170,000 Shared Ownership Resale

Share percentage 50%, full price £340,000

Monthly Cost: £1,369

Rent £481, Service charge £45, Mortgage £843*

Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

£
Summary

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

Description

This modern, smartly-presented property forms one end of a short, four-house terrace and the favourable position allows the south-west-facing garden to be larger than those of the neighbouring properties. The internal layout is open-plan with a full-length kitchen/reception room which includes an under-stairs storage cupboard. A small rear hall provides access to a ground-floor cloakroom/WC as well as to the garden. On the first floor are two generously-sized bedrooms and a simple yet stylish bathroom. Well insulated walls, roof and floor, high performance glazing and gas central heating all contribute towards a very good energy-efficiency rating. The house comes with two parking spaces and is also just a short walk from Mid Kent Shopping Centre, which includes a Waitrose supermarket along with a selection of other stores. Allington Primary School is only minutes from Bluebell Way and Ofsted-rated 'Outstanding'.

SHARED OWNERSHIP (Advertised price represents 50% share. Full market value £340,000).

PLEASE USE THIS LINK https://tinyurl.com/525krjpp TO SUBMIT YOUR APPLICATION

(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 24/06/2016). Freehold transferred on 100% ownership.
Minimum Share: 50% (£170,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £480.58 per month (subject to annual review).
Service Charge: £44.64 per month (subject to annual review).
Guideline Minimum Income: Dual - £47,800 | Single - £54,700 (based on minimum share and 10% deposit).
Council Tax: Band C, Maidstone 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.

Key Features
  • Guideline Minimum Deposit £17,000
  • Guide Min Income Dual £47.8k | Single £54.7k
  • Two Storey, Two Bedroom, End of Terrace House
  • Approx. 744 Sqft Gross Internal Area
  • Bathroom plus Downstairs WC
  • Very Good Energy Efficiency Rating
  • South-West-Facing Rear Garden
  • Two Parking Spaces
Particulars

Tenure: Leasehold
Council Tax Band: C

Property Downloads
Key Information Document Floor Plan Brochure
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.

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  • 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.

£170,000
Shared Ownership Resale
Estimated Monthly Cost:£1,369
Rent £481
Service £45
Mortgage £843

Share percentage 50%, full price £340,000, £17,000 Min Deposit. Calculated using a representative rate of 4.42%

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.