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Clarinda House (Ref 39160522)

Shared ownership

Clovelly Place, Greenhithe, DA9 9FB

For sale
Shared ownership
Photo of Clarinda House (Ref 39160522)
Live from space album cover

from

£94,500

with min. deposit

£9,450

35% Share from
£94,500
Full market price
£270,000
Minimum deposit
£9,450
Monthly rent
£475
Monthly service charge
£167.87

2 bedroom flat

Available through our resale shared ownership scheme, a second floor, two-bedroom apartment in a quiet cul-de-sac in Greenhithe, Kent.

   

Property description:

The property comprises a communal entrance, open-plan kitchen and reception, fitted kitchen with stand-alone appliances, private balcony, two bedrooms, a family bathroom with shower over bath, carpet flooring throughout and access to communal parking.

 

EWS1 available for lending 

Length of Lease: Approx. 120 Years

Council Tax Band: Dartford Council - D

Gross Internal Area: 63m2

 

FINANCIAL INFORMATION

Property Value = £270,000

Percentage Share = 35%

Share Price = £94,500

*Monthly Rent = £475.81

*M…

Features

Bedrooms2
Bathrooms1
Reception rooms0
Furniture statusunfurnished
Floor area63
Number of floors1
Entrance floor2nd floor
Tenureleasehold
Lease years120

from

£94,500

with min. deposit

£9,450

35% Share from
£94,500
Full market price
£270,000
Minimum deposit
£9,450
Monthly rent
£475
Monthly service charge
£167.87
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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