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Avocet Walk (2180523)

Shared ownership

Avocet Walk, Sittingbourne, ME9 8WS

For sale
Shared ownership
Photo of Avocet Walk (2180523)
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from

£78,750

with min. deposit

£7,875

35% Share from
£78,750
Full market price
£225,000
Minimum deposit
£7,875
Monthly rent
£280
Monthly service charge
£191.94

2 bedroom flat

Available through our resale shared ownership scheme, a ground floor, two-bedroom apartment in situated in Sittingbourne.

 

Property description:

The property comprises a secured communal/wheelchair accessible entrance, entry system, living area, kitchen with integrated appliances, two bedrooms, main bedroom includes double wardrobes, and an en-suite shower room and W/C, storage space in hallway, family bathroom with bath and a W/C. 

 

The property also benefits from access to a communal garden and allocated parking.

 

Lease: Commenced 2006 with 125-year term

Council Tax Band: Swale Council - B

Gross Internal Area: 656.5sq.ft.

 

FINANCIAL INFORMATION

Pr…

Features

Allocated parking

Communal Garden

Wheelchair accessible

Bedrooms2
Bathrooms2
Reception rooms1
Furniture statusunfurnished
Floor area60.99
Number of floors1
Entrance floorGround floor
Tenureleasehold

from

£78,750

with min. deposit

£7,875

35% Share from
£78,750
Full market price
£225,000
Minimum deposit
£7,875
Monthly rent
£280
Monthly service charge
£191.94
Hyde New Homes

Hyde New 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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