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28 Crusade Way, ME2

Shared ownership

Crusade Way, Rochester, ME2 2ZG

For salenew home
Shared ownership
Photo of 28 Crusade Way, ME2
Live from space album cover

from

£70,500

with min. deposit

£3,525

30% Share from
£70,500
Full market price
£235,000
Minimum deposit
£3,525
Monthly rent
£367
Monthly service charge
£163
Reservation free
£250

2 bedroom flat

This immaculate one bed property is located on the ground floor of a this highly sort after 4 storey Development.

The property consists of a newly fitted modern kitchen within a large reception room. The large master bedroom benefits from large windows providing stunning garden views. The bathroom is fully tiled and in excellent condition

This apartment has 2 allocated off street parking spaces.

Accommodation:

Ground Floor

Entrance Hall 3.35m x 1.33m

Bedroom 4.00m x 3.72m

Bedroom 3.72m x 3.10m

Bathroom/wc 2.22m x 1.68m

Lounge/Kitchen 5.79m x 3.14m + 1.68m x 3.57 + 2.15m x 1.33m

Two allocated space.

Lease Term: 125 years from 01.03.2020

EPC Rating: B

Coun…

Features

Allocated parking

Communal Garden

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area62
Number of floors1
Entrance floorGround floor
Tenureleasehold
Lease years125
EER Current80

from

£70,500

with min. deposit

£3,525

30% Share from
£70,500
Full market price
£235,000
Minimum deposit
£3,525
Monthly rent
£367
Monthly service charge
£163
Reservation free
£250
Optivo (Resales)

Optivo (Resales)

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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