Shared Ownership £105,000
3 beds 2 baths
Available
West Kent @ Manston Gardens, Ramsgate, Kent
Features
Summary
Do you have a deposit of £5,250? Then you could call this house a home of your own!
We are pleased to offer this spacious three bedroom home, available on the shared ownership scheme (part buy, part rent) from West Kent Housing Association!
Description
Do you have a deposit of £5,250? Then you could call this house a home of your own!
We are pleased to offer this spacious three bedroom home, available on the shared ownership scheme (part buy, part rent) from West Kent Housing Association!
Available to apply for now!
The development is located in the new upcoming development in a coastal location in the maritime town of Ramsgate, East Kent.
Ramsgate is famous for its Sandy Beaches and Royal Harbour. The areahas an abundance of local amenities, including shops, restaurants and sports activities to suit all needs. The well known shopping centre at Westwood Cross is just a 5 minute drive from the development and if you wish to travel further out then you can visit the Cathedral City of Canterbury or the market town of Faversham.
Schools:
Newington Community Primary School 190 yards
Ramsgate Arts Primary School 740 yards
The Royal Harbour Academy 1 mile
Chatham & Clarendon Grammar School 1.2 miles
Railway stations:
Ramsgate 0.7 miles
Thanet Parkway 1.5 miles
Dumpton Park 1.6 miles
Parking:
Allocated parking available
Please note the price represents a 25% share in the property (full market value of £420,000). Shares can be purchased from 25% to 75% however. The deposit has been calculated based on a 5% deposit of a 25% share.
The rent payable on the unowned share is £722pcm*
The monthly service charge is from £76.56.
Maximum household income cannot exceed £80,000.
All applicants will be considered, but you will need to complete an application before being considered for the property.
*please be aware rent and service charges are subjected to change at annual reviews.
CGI’s and floor plans are for illustrative and information purposes only and are not incorporated in any contract.
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 to buy 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. As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
Please note if you currently own a home, evidence must be provided that it is under offer before an application can be considered.
please note this is based on someone purchasing a 25% share in this property and securing a 5% deposit with a lender (with no existing debt).
Utilities, Rights, Easements & Risks
Utility Supplies
| Electricity | Ask Agent |
|---|---|
| Water | Ask Agent |
| Heating | Ask Agent |
| Broadband | Ask Agent |
| Sewerage | Mains Supply |
Rights & Restrictions
| Article 4 Area | Ask Agent |
|---|---|
| Listed property | Ask Agent |
| Restrictions | Ask Agent |
| Required access | Ask Agent |
| Rights of Way | Ask Agent |
Risks
| Flooded in last 5 years | Ask Agent |
|---|---|
| Flood defenses | Ask Agent |
| Flood sources | Ask Agent |
Additional Details
Floorplans
