Flat for sale in Cardinal Court, 81 Cherry Orchard, Ebbsfleet Valley, Swanscombe DA10

Shared ownership (Advertised price represents 50% share. Full market value £300,000). This second-floor flat is immaculately presented and quite rare in that it has two full bathrooms. The property features a twenty-foot, dual-aspect kitchen/reception room with sleek units, attractive splashbacks and a door which leads out onto a south-facing balcony. One of the bathrooms is en-suite to the main bedroom and there is also a near-identical second bathroom, an additional, good-sized, double bedroom and a pair of storage/utility cupboards in the entrance hallway. Well insulated walls, high performance glazing and a modern gas central heating system make for a very good energy-efficiency rating. Cardinal Court has a communal parking area and is very close to Cherry Orchard Primary School which is Ofsted-rated 'Outstanding'. The Ebbsfleet and Swanscombe railway stations can be reached on foot or by brief cycle ride.

Interested parties are required to complete the shared ownership common application form [ ]

(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Housing Association: Clarion.
Tenure: Leasehold (250 years from 01/04/2021).
Minimum Share: 50% (£150,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £392.31 per month (subject to annual review).
Service Charge: £214.43 per month (subject to annual review).
Guideline Minimum Income: Dual - £46,400 Single - £53,100 (based on minimum share and 10% deposit).
Council Tax: Band D, Dartford Borough Council. Priority is given to applicants living and/or working in this local authority.

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals).

What is shared ownership ?

Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.

Is shared ownership for you ?

The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:

1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.

Second Floor

Entrance Hallway

Reception
20' 10" max. X 14' 6" max. (6.35m x 4.42m)

Kitchen
included in reception measurement

Balcony

Bedroom 1
15' 3" max. X 13' 2" max. (4.65m x 4.01m)

En-Suite Bathroom

Bedroom 2
15' 3" x 9' 4" (4.65m x 2.84m)

Bathroom