Shared Ownership £70,000

1 bed 0 baths

Available

Alpha House, Peacock Street, Gravesend, Kent

Features

Summary

We are pleased to offer this spacious one bedroom apartment in the heart of Gravesend, available on the shared ownership scheme.

Description

We are pleased to offer this spacious one bedroom apartment in the heart of Gravesend, available on the shared ownership scheme.

The top floor apartment benefits from a large corner balcony with lovely views of the clock tower.

The apartment comprises of a generous sitting room with space for dining area and large windows giving it a bright and spacious feel. The room is open plan to the modern kitchen with integrated oven, ceramic hob and extractor fan. There is space for washing machine and fridge freezer.

The bedroom is well presented and there is a modern family bathroom with three piece suite, shower over bath and glass shower screen.

Please note the price represents a 35% share in the property (full market value of £200,000).

The rent payable on the unowned share is £366.83pcm

The monthly service charge is £170.75pcm.

The lease is 125 years from 2019.

You can apply to buy the home if both of the following apply:
• your household income is £80,000 or less
• you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs

One of the following must also be true:
• you're a first-time buyer
• you used to own a home but cannot afford to buy one now
• you're forming a new household - for example, after a relationship breakdown
• you're an existing shared owner, and you want to move
• you own a home and want to move but cannot afford a new home for your needs

If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.

You must have a good credit record. Your application will involve an assessment of your finances.

Please be aware rent and service charge's are subjected to change at annual reviews.

This apartment is located in central Gravesend and is within walking distance of all the local amenities, including the shops and main train station with frequent services to London.

With access to motorways and direct train line to London it is an ideal location for commuting, it is only a short drive away from Bluewater shopping centre and it also has brilliant facilities in the local area too

Utilities, Rights, Easements & Risks

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