Avenue Road 55140223
Avenue Road, Herne Bay, CT6 8TG
from
£100,000
with min. deposit
£10,000
2 bedroom flat
The property comprises a private and wheelchair accessible entrance, open plan kitchen and reception, kitchen with integrated and standalone appliances, two bedrooms, two storage spaces, family bathroom with shower over bath.
The property also benefits from access to a communal garden and allocated parking.
Lease: Commenced 2019 with 999-year term
Council Tax Band: Canterbury Council - C
Gross Internal Area: 710sq.ft.
FINANCIAL INFORMATION
Property Value = £250,000
Percentage Share = 40%
Share Price = £100,000
*Monthly Rent = £356.66
*Monthly Service Charge = £220.44
**Monthly Mortgage Payment = £608
***Annual Household Income = £42,000
*Please …
Features
Allocated parking
Communal Garden
Bedrooms | 2 |
Bathrooms | 1 |
Reception rooms | 1 |
Furniture status | unfurnished |
Floor area | 65 |
Number of floors | 1 |
Entrance floor | Ground floor |
Tenure | leasehold |
Lease years | 999 |
from
£100,000
with min. deposit
£10,000
Hyde New Homes
FAQs
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
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