1 bedroom apartment for sale

Available

Cardinal Court, 81 Cherry Orchard, Ebbsfleet Valley, DA10 1EQ

£98,100 Shared Ownership Resale

Share percentage 45%, full price £218,000, £9,810 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony/Terrace
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£98,100 Shared Ownership Resale

Share percentage 45%, full price £218,000

Monthly Cost: £1,143

Rent £388, Service charge £232, Mortgage £523*

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 Flat on a Shared Ownership (Part Buy/Part Rent) Basis

Description

A spacious and smartly-presented flat in the centre of Castle Hill. The property is on the (raised) first floor and has a twenty-foot, dual-aspect reception room with attractive flooring and a sleek, open-plan kitchen area. A door leads out onto the south-facing balcony. There is a generously-sized bedroom, a simple yet stylish bathroom and a large, built-in storage/utility cupboard has been provided in the entrance hallway. Well insulated walls and floor, high performance glazing and a modern gas central heating system all contribute towards a very good energy-efficiency rating. A Co-op store and the popular Blue Bean Coffee Shop occupy the ground-floor retail units of Cardinal Court and there is communal parking to the rear of the building. Alternatively, the Ebsfleet and Swanscombe railway stations can be easily reached via bus or bike, as can Bluewater Shopping Centre.

SHARED OWNERSHIP (Advertised price represents 45% share. Full market value £218,000).

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

(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 (250 years from 01/04/2021).
Minimum Share: 45% (£98,100). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £387.58 per month (subject to annual review).
Service Charge: £231.56 per month (subject to annual review).
Guideline Minimum Income: Dual - £33,800 | Single - £40,100 (based on minimum share and 10% deposit).
Council Tax: Band C, Dartford 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 may be permitted but only with prior consent from Clarion (which can only be obtained once you are the property owner).

Key Features
  • Guideline Minimum Deposit £9,810
  • Guide Min Income Dual £33.8k | Single £40.1.k
  • First Floor (building has a lift)
  • Approx. 576 Sqft Gross Internal Area
  • Spacious, Open-Plan Kitchen/Reception Room
  • South Facing Balcony
  • Good-Sized Bedroom
  • Stylish Bathroom
  • Very Good Energy Efficiency Rating
  • Communal Parking
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.

£98,100
Shared Ownership Resale
Estimated Monthly Cost:£1,143
Rent £388
Service £232
Mortgage £523

Share percentage 45%, full price £218,000, £9,810 Min Deposit. Calculated using a representative rate of 5.13%

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.