A two-bedroom end of terrace house, located within the village of Aldington, offered for sale under the shared ownership scheme with a 35% share available to purchase at a price of £103,500. The full price is £296,000. Situated just outside the village, you are close-by to local countryside walks, whilst access into the village centre will take around 10 minutes on foot. The house is tucked away with only 4 neighbouring properties sharing the same position. To the front of the houses is the parking, where there are two spaces allocated. The layout comprises an entrance hallway with useful coat storage cupboard,downstairs WC, kitchen/diner with bay window to the front and a range of fitted cupboards and appliances with the living room rear facing and over-looking the garden. Upstairs are two bedrooms, both double’s and the family bathroom, featuring a shower above the bath. Externally there is a garden to the rear, with fenced boundaries, lawn, a patio area adjacent to the house and a garden shed. Due to this property only being available under the shared ownership scheme, any prospective purchaser must demonstrate their eligibility to buy by registering first for the scheme (please contact us for details on how to do this). Shared Ownership Details Rent payable on unowned share: £305.45 per month Lease: 125 years from 1st January 2009 Service Charge Information Service Charge: £57.24 per month (01.04.23-31.03.24)
What is Shared Ownership?
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share property. You pay a mortgage on the share you own, and pay a subsidised rent to a housing association on the remaining share. Because the you only need a mortgage for the share you are purchasing, the amount of money required for a deposit is usually lower when compared to the amount that would be required when purchasing outright. You have the option to increase your share during your time in the property via a process known as ‘staircasing’, and in most cases can staircase all the way to 100%. In this instance, you will no longer pay rent, just the mortgage along with any relevant service charges and ground rent.
The ground floor comprises an entrance hallway with stairs leading to the first floor, a small under stairs storage cupboard, as well as a larger coat cupboard, access to both the living room and kitchen/dining room and there is a downstairs WC too. The living room faces the rear and has doors opening to the garden. The kitchen/dining room faces the front, enjoying a bay window allowing space for a table and chairs, and offers a range of cupboards, built-in electric oven, 4-burner gas hob, and space for white goods.
Up on the first floor are the two bedrooms and the family bathroom. Each of the bedrooms are good sizes, spanning the width of the house, one front facing, the other overlooking the garden to the rear. The family bathroom sits between the bedrooms, featuring a three-piece suite with a shower over the bath. There is also a useful storage cupboard on the landing.
The rear garden is enclosed with gated side access, enjoying a patio space adjacent to the rear of the house, lawn and garden shed.
There are two allocated parking spaces with the property, located to the front and parked in tandem.
Mains electricity, gas, water & drainage. EPC rating: TBC. Local Authority: Ashford Borough Council. Council Tax Band: C