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1 bedroom apartment for sale

Available

Violet Way, Kingsnorth, Ashford, TN23 3GH

£126,000 Shared Ownership Resale

Share percentage 70%, full price £180,000, £12,600 Min Deposit.

Available
1 bedroom
1 Bathroom
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£126,000 Shared Ownership Resale

Share percentage 70%, full price £180,000

Monthly Cost: £810

Rent £115, Service charge £23, Mortgage £672*

Calculated using a representative rate of 5.13%

Calculate estimated monthly costs

£
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Summary

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

Description

A smartly-presented coach house which forms part of a modern development in the village of Kingsnorth, which lies just to the south of Ashford. Access is via a private entrance with stairs leading up to a naturally-lit landing. The spacious reception room includes an open-plan kitchen area and is dual-aspect. The windows in the dining area and in the hallway offer a delightful view of the semi-rural surroundings. There is built-in wardrobe in the bedroom and the stylish bathroom features both a large overhead and a hand-held shower. Well insulated walls and roof, double glazing and gas central heating make for a good energy-efficiency rating. To the rear of the building (the west side, facing the open field) is an area of lawn, bordered by hedgerow, which is demised to this property and allows access to a ground-floor storage cupboard as well as providing somewhere to sit out in pleasant weather. The property comes with use of a garage, under the coach house opposite, and Ashford town centre and/or railway station can also be easily reached via bus from nearby Bluebell Road.

SHARED OWNERSHIP (Advertised price represents 70% share. Full market value £180,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/5n6e6w9n]

(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 01/09/2008).
Share Available: 70% (£126,000).
Shared Ownership Rent: £114.51 per month (subject to annual review).
Service Charge: £23.10 per month (subject to annual review).
Guideline Minimum Income: Dual - £25,200 | Single - £27,000 (based on minimum share and 10% deposit).
Council Tax: Band B, Ashford 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 £12,600
  • Guide Min Income Dual £25.2k | Single £27k
  • First Floor (with Private Ground Floor Entrance)
  • Approx. 611 Sqft Gross Internal Area
  • Dual Aspect Reception Room
  • Open Plan Kitchen
  • Modern Double Glazing and Gas Central Heating
  • Garage
  • Rear Garden (detached)
  • Beautiful, Rural Surroundings
Particulars

Tenure: Leasehold
Council Tax Band: B

Property Downloads
Key Information Document Floor Plan Brochure
Register your interest
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.

£126,000
Shared Ownership Resale
Estimated Monthly Cost:£810
Rent £115
Service £23
Mortgage £672

Share percentage 70%, full price £180,000, £12,600 Min Deposit. Calculated using a representative rate of 5.13%

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.