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1 bed Flat

£68,000

Ocean Drive, Gillingham, ME7

AVAILABLE


Property FEATURES

  • One Bedroom Flat
  • Balcony
  • Gym Access
  • Permit Parking
  • Close to Amenities
View Brochure

Property DESCRIPTION

SUMMARY
One Bedroom Flat with Balcony, Gym Access & Parking


DESCRIPTION
This beautifully presented one-bedroom flat offers modern living in a highly convenient location, perfect for professionals or first-time buyers.
The property features a bright and spacious open-plan living area with direct access to a private balcony-ideal for relaxing or entertaining. The contemporary kitchen is fully fitted with dining area, while the generously sized double bedroom provides ample storage.
Residents benefit from exclusive access to an on-site gym, adding a premium lifestyle touch. The property also includes permit parking, ensuring ease and convenience for drivers.
Ideally situated close to a wide range of local amenities, including shops, cafés, and excellent transport links, this flat combines comfort, style, and practicality.

Council Tax Band: C Tenure: Leasehold Current Annual Ground Rent (£): 3252.00 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 (£): 3252.00 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 (%): 40 Rent Payable (£): 332.00 RentFrequency: Monthly

Agents Note
Pricing & Affordability
Full Market Value: £170,000
40% Share Price: £68,000 (rent £332pcm inc)
Minimum 5% Mortgage Deposit (40% share): £3400
Service Charge: £200 pcm
Ground rent: £211 pcm
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.




This is a Leasehold property with details as follows; Term of Lease 125 years from 01 Oct 2019. Should you require 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.

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