Meridian House, Godinton Road, Ashford, Kent TN23 1AG

£57,750 Shared Ownership

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  • Guideline Minimum Deposit £5,775
  • Guideline Income Dual £18.2k, Single £21.7k
  • Ground and First Floor
  • Approx. 875 Sqft Gross Internal Area
  • High Performance Glazing
  • Gas Central Heating
  • Parking Space
  • Short Walk to Ashford International

General Description

A Fantastic Opportunity to Purchase a Two Bedroom Duplex Apartment, on a Shared Ownership (Part Buy/Part Rent) Basis, through Clarion Housing

 

SHARED OWNERSHIP (Advertised price represents 33% share. Full market value £175,000). This spacious duplex-apartment has its own entrance and semi-open-plan sitting/dining/kitchen areas. Upstairs are two large bedrooms, one with a balcony. The bathroom is also on that level with a cloakroom on the ground floor. Well insulated walls, high performance glazing and gas central heating make for very good energy-efficiency and environmental-impact ratings. The shopping and other facilities of Ashford's bustling town centre are only a few minutes walk away. A parking space is included in the sale plus Ashford International Station is within easy reach for trains to Canterbury, Ramsgate, Dover, London Victoria/Charring Cross/St. Pancras and Eurostar services to the continent.

 

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [HERE; http://bit.ly/2HPQz3X]

(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.)

 

Tenure: Leasehold (125 years from 2010)
Share Available: 33% (£57,750). Clarion Housing may request that you purchase a higher share if the property is deemed 'too affordable'.
Shared Ownership Rent: £299.96 per month. This is the figure from April 2019 and is reviewed annually.
Service Charge: £105.12 per month. This is the figure from April 2019 and is reviewed annually.
Guideline Minimum Household Income: £18,150 assuming dual incomes and a 10% deposit of a 33% share. Equivalent single-income figure would be £21,700.
Council Tax: Band B, Ashford (£1347.76 for 2018-19). Priority may be given to applicants that currently live and/or work in the Borough of Ashford.

The property is offered for sale on a sold-as-seen basis. Clarion Housing do not offer any warranties on the domestic appliances in the property or undertake to carry out any remedial work or redecoration work of a cosmetic nature. Pets not permitted (except assistance animals).

Dimensions

Reception
16' x 8' 10" (4.88m x 2.69m)
Kitchen
17' 9" x 5' 11" (5.41m x 1.80m)
Special ( Cloakroom )
Bedroom ( Bedroom 1 )
16' 2" max. x 10' 1" max. (4.93m x 3.07m)
Bedroom ( Bedroom 2 )
15' 10" max. x 9' 6" max. (4.83m x 2.90m)
Special ( Balcony )
Bathroom
Energy Effeciency Rating

Floorplans


Shared Ownership

WHAT IS SHARED OWNERSHIP ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (GLA) in London and the Homes and Communities Agency (HCA) outside of London.

IS SHARED OWNERSHIP FOR YOU ?
The GLA and HCA set the eligibility criteria for Shared Ownership, but broadly speaking you must:
 Not own another property in the UK or any other country.
 Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
 Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
 Be in full time permanent employment.
 Be a British, EU or EEA Citizen or have indefinite leave to remain in the UK.
 Have a good credit history.
If you are still unsure about Shared Ownership or would like more information view [ Facts and Frequently Asked Questions]

Location

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