1 bed Flat
£64,750
Ocean Drive, Gillingham, ME7
SUMMARY
One bedroom apartment offers comfort & convenience. Bright living space with a private balcony which is located close to shops, amenities & Gillingham train station.
DESCRIPTION
This one bedroom apartment offers comfortable and convenient living space ideal for anyone seeking easy access to A2 & M2. It features one bedroom with a bright living area which benefits a balcony, perfect for relaxing outdoors and enjoying the fresh air. This apartment is close to Gillingham train station making weekend trips & getting to work hassle-free. There are also a variety of shops, cafes & restaurants within easy reach.
PRICING & AFFORDABILITY
Full Market Value: £185,000
35% Share Price: £64,750 (rent £359.95pcm)
Minimum 5% Mortgage Deposit (35% share): £3237.50
Approximate Service Charges: £197.78 Annually
Annual Ground rent: TBA
To be eligible for shared ownership you would need to meet the following criteria:
o Your household income does not exceed £80,000
o You have a deposit of at least 5% of the share value
o You do not own another property or have your name on the deeds or a mortgage for a property worldwide
o This will be your only residence
o You are a permanent UK resident or have indefinite right to remain
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
Council Tax Band: C Tenure: Leasehold Current Annual Ground Rent (£): Not currently available, please contact the branch Ground Rent Review Period (Years): Not currently available, please contact the branch Ground Rent Increase (%): Not currently available, please contact the branch Current Annual Service Charge (£): 197.78 Date of Next Service Charge Review: Not currently available, please contact the branch Number of Years Left on Lease: Not currently available, please contact the branch Share being Sold (%): 35 Rent Payable (£): 359.95 RentFrequency: Monthly
Lounge 15' 11" x 11' 11" ( 4.85m x 3.63m )
Kitchen 8' 5" x 6' 7" ( 2.57m x 2.01m )
Bedroom One 12' 8" x 10' 8" ( 3.86m x 3.25m )
Bathroom
X1 Allocated Parking Space
This is a Leasehold property. We are awaiting further details about the Term of the lease. For further information please contact the branch. Please note additional fees could be incurred for items such as Leasehold packs.
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Potential buyers are advised to recheck the measurements before committing to any expense.
5. Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6. Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Connells (Rainham)
21 High Street
Rainham
Gillingham
Kent
ME8 7HX
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