keaze logo

Shared Ownership at Rochester Riverside

Shared ownership

Cory's Road, Rochester, ME1 1PZ

Soldnew home
Photo of Shared Ownership at Rochester Riverside
Live from space album cover
  • from

    £82,000

    1 bedroom

  • from

    £103,000

    2 bedroom

  • from

    £79,375

    3 bedroom

Sold out. Register interest for more information
Hyde New Homes

£82,000

1 bedroom flat

£103,000

2 bedroom flat

£79,375

3 bedroom flat

Availability

Sold

Sold

Sold

Minimum share

40%

40%

25%

Full market price

£205,000

£257,500

£317,500

Deposit from

£4,100

£5,150

£3,969

Monthly rent

£282

£354

£546

Monthly service charge

£110

£125

£156

Bedrooms

1

2

3

Bathrooms

1

1

1

Reception rooms

1

1

1

Number of floors

1

1

1

Tenure

leasehold

leasehold

leasehold

Overview

 Reservations are now available at Rochester Riverside.  Benefit from: ready to move in, integrated appliances, allocated parking, fitted wardrobe to master bedroom, quality flooring and white goods included. 

 Description:      

£1,000 contribution towards your deposit

Brand new riverside quarter located by the River Medway

 Fitted wardrobe to master bedroom

 Quality flooring worth up to £5,000 included

 High specification and appliances included

 Outdoor space to selected homes 

 Allocated parking

 New commercial facilities including a hotel, local supermarket and coffee shop

 Newly regenerated riverside walk

*T&Cs apply. Reservations …

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.

Similar properties

170 Watermans Park
Shared ownership

170 Watermans Park

new home

31 Field Lane, Gravesend

2

1

Minimum deposit

£7,144

45% Share from

£142,875

Full price

£317,500

Atlas Place Over 55s
Shared ownership

Atlas Place Over 55s

new home

Wilkey Way, Chatham

2

1

Minimum deposit

£6,625

50% Share from

£132,500

Full price

£265,000

Orbit at Victory Pier
Shared ownership

Orbit at Victory Pier

new home

Marina Heights, Gillingham

1 - 3

1 - 2

Minimum deposit

£2,850

30% Share from

£57,000

Full price

£190,000