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23 Paddock Close

Shared ownership

23 Paddock Cl, Edenbridge, TN86GH

For sale
Shared ownership
Photo of 23 Paddock Close
Live from space album cover

from

£180,000

with min. deposit

£9,000

50% Share from
£180,000
Full market price
£360,000
Minimum deposit
£9,000
Monthly rent
£483
Monthly service charge
£26.74

2 bedroom terraced house

Moat is pleased to bring to the market this two bedroom mid-terrace house built around 2004 situated in a residential location. The property itself is approximately 72sqm and comprises of an entrance hallway, downstairs cloakroom, living/dining room with patio doors that lead on to a private rear garden, fitted kitchen, two bedrooms, fitted bathroom and off-street parking to the front of the property. The nearest school is Edenbridge Primary School just over half a mile away. The high street is a short distance with a range of shops, bars and restaurants to choose from. There are outdoor spaces to enjoy including Stangrove Park and First …

Features

Off street parking

Private Garden

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Entrance floorGround floor
Tenureleasehold
EER Current73
EER Potential91

from

£180,000

with min. deposit

£9,000

50% Share from
£180,000
Full market price
£360,000
Minimum deposit
£9,000
Monthly rent
£483
Monthly service charge
£26.74
Moat Homes

Moat Homes

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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