Ocean Drive
Gillingham
Property details
Key features
- One Bedroom Apartment
- Balcony
- Easy Access to M2 & A2
- Close to Amenities & Shops
- Well Maintained
- Close to Gillingham Station
- Podium Garden
- Free Residents-only Gym
Council Tax Band:
C
Tenure:
Leasehold
Ground Rent:
Contact Branch
Ground Rent Review Period:
Contact Branch
Annual Service Charge:
£2,373.36
Length of Lease:
0 years
Shared Ownership:
35%
Rent:
£359.95
PRICING & AFFORDABILITY
Full Market Value: £185,000
35% Share Price: £64,750 (rent £359.95pcm)
Minimum 5% Mortgage Deposit (35% share): £3237.50
Approximate Service Charges: £197.78 Annually
Annual Ground rent: TBA
To be eligible for shared ownership you would need to meet the following criteria:
o Your household income does not exceed £80,000
o You have a deposit of at least 5% of the share value
o You do not own another property or have your name on the deeds or a mortgage for a property worldwide
o This will be your only residence
o You are a permanent UK resident or have indefinite right to remain
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
Lounge
15' 11" x 11' 11" ( 4.85m x 3.63m )
Kitchen
8' 5" x 6' 7" ( 2.57m x 2.01m )
Bedroom One
12' 8" x 10' 8" ( 3.86m x 3.25m )
Bathroom
X1 Allocated Parking Space
Utilities, rights & restrictions
Expand
Utility Supply:
- ElectricityMains Supply
- WaterMains Supply
- HeatingElectric
- BroadbandFTTP
- SewerageMains Supply
Rights & Restrictions:
- Private rights of wayfalse
- Public rights of wayfalse
- Listed propertyfalse
- Restrictionsfalse
Risks:
- Flooded in last 5 yearsfalse
- Flood defencesContact branch
- Source of floodContact branch
Guidance Notes
While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.
(1) MONEY LAUNDERING REGULATIONS Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. (2) These particulars do not constitute part or all of an offer or contract. (3) The measurements indicated are supplied for guidance only and as such must be considered incorrect. (4) Potential buyers are advised to recheck the measurements before committing to any expense. (5) We have not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. (6) We have not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.Use Our Homefinder Service
With our HOME FINDER SERVICE, we get a real understanding of what is on your wish list and then put all of our experience, local knowledge, branch network and extensive contacts to work to find your perfect property.
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PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR MORTGAGE. LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP. *THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 31/12/2024 AND IS CORRECT AS AT 13/02/2025.
Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.
