Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

Read more about Shared ownership (Opens in new window)

Casterbridge House 08.06.20, 1 bed homes


Casterbridge House, Dartford, Dartford, DA1 2FF

Shared ownership

Starting prices

30% share from
£61,500
Full price
£205,000
Minimum deposit
£6,150
Monthly rent
£292
Monthly service charge
£68

Overview

Available for resale shared ownership, a modern and well-presented ground floor, one-bedroom apartment located in a convenient area of Dartford.

Property description:

The property comprises: secure communal entrance, private entrance hallway with phone entry system, light & airy living/dining room, modern fitted kitchen with inbuilt oven & hob, master bedroom, bathroom with shower over bath and an allocated parking space.

Length of Lease: Approx 116 Years

Council Tax Band: Dartford Council - Band C

Gross Internal Area: 44 Square Metres

 

FINANCIAL INFORMATION

Property Value = £205,000

Percentage Share = 30%

Share Price = £61,500

Monthly Rent = £292.11 

Monthly Service Charge = £67.99 

Monthly Mortgage Payment** = £308

Household Income Required = £22,000

** Based on a 90%, 25-year repayment mortgage with an interest rate at 4.5%

Your home may be at risk if you do not keep up your mortgage and rent repayments.  Particulars give a fair overall description of the property and are not intended to constitute an offer or form part of any contract.  Areas, distances or measurements referred to are approximate.  For confirmation of property details refer to the terms of the lease and plans from your solicitor.  Hyde New Homes Resale properties are sold as seen, photographs and details (excluding financial information) are provided by the leaseholder.  Please note that the Resales Team have not visited this property.

Contact us now to arrange a viewing: 

Call 0345 606 1221 or email info@hydenewhomes.co.uk.  Please ensure you are registered and approved for shared ownership by completing our application at https://so.hydeform.co.uk/.   

 


Local area information

• Convenient & Popular area of Dartford close to local shops & amenities

• Popular Bluewater Shopping Centre is a 15-minute drive from the apartment and offers a wide vareity of shops, restaurants and amenities

• The M25 and the A2 is easily accessible providing a direct route into London and to the motorway network

• 1.1 miles to Dartford Train Station which offers direct services to: London Charing Cross via Bexleyheath & Sidcup, London Cannon Street.

 


Housing Provider

Hyde New Homes
Shared ownership

Starting prices

30% share from
£61,500
Full price
£205,000
Minimum deposit
£6,150
Monthly rent
£292
Monthly service charge
£68