Shared Ownership in Ashford, Kent. 2 bedroom Flat.

  • £230,000

    Equity share: 90% / £207,000

Robin Road
For Sale Shared Ownership

Shared Ownership in Ashford, Kent. 2 bedroom Flat.

Robin Road
  • £230,000

    Equity share: 90% / £207,000

Property Overview

  • Flat
  • Property Type
  • 2
  • Bedrooms
  • 2
  • Bathrooms

Property Description

Shared Ownership

This superb modern home is available to buy from as little as £207,000 with a 90% share!

A spacious ground floor apartment that comes with carport parking and presented in fantastic condition throughout. The accommodation features an open plan lounge/kitchen/dinner with double doors giving access to a private terrace, two double bedrooms (bedroom one with en suite) and a family bathroom.

Finberry is a modern village, established in 2015 on the outskirts of Ashford. The development has excellent links to the m20 motorway, Ashford International train station (direct links to London St Pancras in just 38 minutes) and it has the luxury of only being a short drive to the coast. Finberry is surrounded by green space, including fields, ponds, and woodland, which are connected by footpaths and bridleways. The development is great for those who like to go walking, with a footpath connecting through to the village of Mersham. There are also several children’s play parks, and a popular Primary School and Nursery.

PRICING & AFFORDABILITY

Full Market Value: £230,000

90% Share Price: £207,000 (rent £89.06pcm)
Minimum 5% Mortgage Deposit (90% share): £10,350
Approximate Service Charges: £144.30pcm*
Shared Ownership Lease: approx. 121 years
Council Tax Band: B

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

Property Address

Open on Google Maps
  • Address Robin Road
  • City Ashford
  • County Kent
  • Postal Code TN25 7GU

Details

Updated on June 21, 2024 at 1:12 pm
  • Property ID: MS-125820
  • Rental Amount Per Month: £89/Month
  • Bedrooms: 2
  • Bathrooms: 2
  • Property Type: Flat
  • Property Status: For Sale, Shared Ownership
  • Estimated Monthly Service Charge (£): 144.30
  • Value Of The Equity Share: 90% / £207,000
  • Overall Property Value: £230,000
  • Tenure: Leasehold
  • Council Tax Band: B
  • Length of Lease: 121

Contact SOWN about: Shared Ownership in Ashford, Kent. 2 bedroom Flat.

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