Flat for sale in Kingsmead Road, Canterbury CT1

Shared ownership £110,250

Images may include optional upgrades at additional cost

Interested in this property? Call +44 1227 238566 * or Request Details

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Flat for sale - 3 bedrooms

3 1

Tenure:
Leasehold
Time remaining on lease:
999 years
Service charge:
Not available
Ground rent:
Not available
Council tax band:
Not yet known - A band has not been assigned yet.

Property features

  • Balcony

Property description

Prices start from £110,250 for a 30% share, based on a full market value of £372,500 for a three bedroom apartment.

Your estimated monthly outgoings*:
Monthly rent: £590
Monthly service charge: £146
Total outgoings*: £1,375

Minimum household income: £43,000
10% deposit: £11,025

Please note that the Council Tax banding is not set until after legal completion. For more information, please refer to your Local Authority.

Your new home

Each of the 3-bedroom homes at Riverside Square provides generously spacious bedrooms and abundant storage throughout. The open-plan kitchen/living/dining area offers a welcoming and functional space for daily living activities. Accessible through a focal door, a private outdoor space in the form of a balcony or terrace enriches the overall living experience. In the master bedroom, a fitted wardrobe ensures ample storage solutions. Equipped with integrated appliances, fitted flooring, and a high-quality specification, these homes offer a hassle-free move-in experience. Tailored to accommodate families or individuals seeking extra space, each residence seamlessly blends comfort and practicality while providing the convenience of ample storage options.

Why buy at Riverside Square?

• Be a part of something new – a whole new Canterbury community
• A fully inclusive high specification with integrated appliances at no extra cost!
• New public square at its heart and overlooks the River Stour that runs through the city centre
• 30 minute travel to Kent University
• Well-connected via road and train to London and beyond

What is shared ownership?

Perfect for first time and repeat buyers alike, shared ownership is a government backed scheme which allows you to purchase a home which may be out of your price range by allowing you buy to a share of a home and pay a subsidised rent on the remaining share.

You can buy a 25% – 75% share of your new home. You’ll pay a mortgage on this and a subsidised rent to Hyde New Homes on the remaining share.

As time goes on and your income rises, you’ll have the option to ‘staircase’ – to increase the amount you own and eventually, you can own 100% of your home, and no longer pay rent. Eligibility criteria applies.

The Hyde difference:

• Over 90% customer satisfaction for 11 consecutive years
• High specification as standard
• Contemporary kitchen units with integrated appliances
• Quality flooring included

Register your interest today for further details.

Disclaimer: Images are representive of the Hyde New Homes Riverside Square show home. *Please be aware that a typical monthly mortgage payment based on the given criteria has been included in the total monthly outgoing’s calculation

Property info

Floorplan(s): Floorplan 1

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For more information about this property, please contact
Hyde New Homes - Riverside Square, CT1 on +44 1227 238566 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hyde New Homes - Riverside Square, and do not constitute property particulars. Please contact Hyde New Homes - Riverside Square for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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