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%.

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Flat 10, 24 Tonbridge Road, 2 bed homes


Tonbridge Road, Maidstone, Maidstone, ME16 8RT

Shared ownership

Starting prices

40% share from
£78,000
Full price
£195,000
Minimum deposit
£3,900
Monthly rent
£267
Monthly service charge
£171

Overview

Two bedroom apartment available for shared ownership in Maidstone.

Property features include:

Two double bedrooms

Feature bay window to the living room

Allocated parking

Integrated appliances including fridge freezer, washing machine and dishwasher

Entry phone system

Lift


Local area information

Conveniently located to the west of Maidstone town centre and everything Kent’s county town has to offer. Maidstone West station is two minutes’ walk away, offering commuter access into London either direct, or via Strood for the high speed connection.
Maidstone’s bustling town centre is approximately 10 minutes away on foot; the Lockmeadow Centre is roughly five minutes away, where a popular multiplex cinema can be found as well as a
gym, night club and a range of busy restaurants.
Maidstone town centre is an attractive, historic destination on the River Medway. The town boasts a wide variety of medieval, Georgian, Victorian and Edwardian buildings, and is home to a range of independent and high street shops. The town also has two dedicated shopping centres – Fremlin Walk and The Mall


Housing Provider

MHS Homes Resales
Shared ownership

Starting prices

40% share from
£78,000
Full price
£195,000
Minimum deposit
£3,900
Monthly rent
£267
Monthly service charge
£171