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Edenwood Temple Wharf

Shared ownership

28 Crusade way, Rochester, ME2 2ZG

For salenew home
Shared ownership
Photo of Edenwood Temple Wharf
Live from space album cover

from

£80,000

with min. deposit

£4,000

40% Share from
£80,000
Full market price
£200,000
Minimum deposit
£4,000
Monthly rent
£331
Monthly service charge
£139.99
Reservation free
£250

1 bedroom flat

This one bed property is located on the top floor of a 4 story Development.

The property consists of a newly fitted modern kitchen within a large reception room. The adjoining balcony is providing mesmerizing views of The River Medway.

The large well-lit bedroom benefits floor natural light.

Each apartment has allocated off street parking.

Viewings by appointment only. 

Application forms need to be returned to Optivo by 4th October 2022

 Please note though that if a high volume of applications is received, the deadline might be brought forward.

*Please note the successful applicant will be required to pay a £250 non-refundable reservation fee once …

Features

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area53.5
Number of floors1
Entrance floor3rd floor
Tenureleasehold
Lease years123
EER Current81

from

£80,000

with min. deposit

£4,000

40% Share from
£80,000
Full market price
£200,000
Minimum deposit
£4,000
Monthly rent
£331
Monthly service charge
£139.99
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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