2 bedroom house for sale
Swann Street, Ebbsfleet Valley, Swanscombe, DA10 1AJ
Share percentage 50%, full price £390,000, £19,500 Min Deposit.
Share percentage 50%, full price £390,000
Monthly Cost: £1,614
Rent £525, Service charge £69, Mortgage £1,020*
Calculated using a representative rate of 4.94%
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 smartly-presented, semi-detached property has a good-sized kitchen at the front, a central cloakroom and a full-width reception/dining room, with attractive wood panelling, at the rear. Patio doors open onto a south-facing garden with covered seating area and an additional section of side garden leading to the front gate. On the first floor of the house is a main bedroom, with built-in wardrobe, plus a second, comfortable, double bedroom and a stylish, naturally-lit bathroom. Well insulated walls, roof and floor, high performance glazing and a modern gas central heating system all contribute towards a very good energy-efficiency rating. The property comes with an allocated, off-street parking space, easily accessible via the back gate, plus shared use of the visitor spaces. Alternatively, the Ebbsfleet and Swanscombe railway stations can be easily reached via bus or bike, as can Bluewater Shopping Centre. Nearby Cherry Orchard Primary School has recently been given a new Ofsted assessment and is rated 'Strong' in early years provision and 'Exceptional' in all other areas.
SHARED OWNERSHIP (Advertised price represents 50% share. Full market value £390,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/5hydm8vz]
(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 01/01/2018). Freehold transferred on 100% ownership.
Minimum Share: 50% (£195,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £524.52 per month (subject to annual review).
Service Charge: £69.45 per month (subject to annual review).
Guideline Minimum Income: Dual - £54,200 | Single - £62,200 (based on minimum share and 10% deposit).
Council Tax: Band D, 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.
Key Features
- Guideline Minimum Deposit £19,500
- Guide Min Income Dual £54.2k | Single £62.2k
- Two Storey, Semi Detached House
- Approx. 780 Sqft Gross Internal Area
- Kitchen plus Reception/Dining Room
- Two Good-Sized Double Bedrooms
- Bathroom plus Downstairs WC
- Very Good Energy Efficiency Rating
- South Facing Rear Garden
- Parking Space (+ Shared Visitor Parking)
Particulars
Tenure: Leasehold
Council Tax Band: D
Property Downloads
Key Information Document Floor Plan BrochureThe ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.
- 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.
Share percentage 50%, full price £390,000, £19,500 Min Deposit. Calculated using a representative rate of 4.94%
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