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1 bed flat for sale

£38,500 (£62/sq. ft) Shared ownership

55 Cross Street, Chatham ME4

1 1 1 619 sq. ft*

Images may include optional upgrades at additional cost

Interested in this property? Call +44 1634 215803 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Communal garden
  • Balcony
  • Off street parking
  • Central heating
  • Double glazing

Property description

Full Price: 110,000
Minimum Share: 38,500 (35%)

These superbly appointed 1 bedroom apartments are situated just a few minutes walk from Chatham town centre and Chatham station. Set over five floors with a dedicated entrance, the shares in the apartments will be available from as little as 35% making them both highly desirable and affordable. All include a stylish interior specification and all come with allocated parking and a generous balcony.

Key Features

This exciting development of 19 Shared Ownership apartments is ideally located close to central Chatham, with excellent shopping and transport links.

The development is only a 13 minute walk from Chatham Station - 42 minute journey to London St Pancras, 48 minutes to London Victoria and 22 minutes to Ebbsfleet International.

If you fancy something a bit closer to home, Pentagon Centre, Central Theatre and Rochester High Street are in close proximity.


Market activity
Average price paid £226,120 Sales 440 Current average value £237,224 (Zoopla Zed-Index) Value change £9,241 ▲ 4.05%

Property value data/graphs for ME4

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £468,790 £304 3.7 £403,571
Semi-detached £298,751 £295 3.2 £301,859
Terraced £203,281 £241 2.9 £200,561
Flats £199,812 £293 1.7 £177,785

Current asking prices in ME4

Average: £261,880
Avg. current asking prices in ME4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £155,000
(1)
£176,000
(8)
£225,738
(44)
£470,000
(11)
£550,556
(9)
Flats £118,933
(15)
£190,344
(16)
£290,000
(3)
- -
All £121,188
(16)
£185,562
(24)
£229,840
(47)
£470,000
(11)
£550,556
(9)

Current asking rents in ME4

Average: £814 pcm
Avg. current asking prices in ME4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £385 pcm
(8)
£728 pcm
(9)
£925 pcm
(22)
£1,326 pcm
(6)
£1,590 pcm
(3)
Flats £566 pcm
(34)
£901 pcm
(16)
£1,052 pcm
(6)
- -
All £532 pcm
(42)
£839 pcm
(25)
£952 pcm
(28)
£1,326 pcm
(6)
£1,590 pcm
(3)

Fun facts for ME4

Highest value in ME4
Highest value streets Zed-Index
The Historic Dockyard £709,738
The Pinnacles £550,872
The Ridgeway £548,727
Park Crescent £508,628
Maidstone Road £507,370
Highest turnover in ME4
Highest turnover streets Turnover
Teal Drive 45.5%
Cromwell Terrace 45.2%
The Pintails 44.4%
Tappan Drive 44.0%
Chamberlain Road 43.3%

What Zoopla users think of Chatham

Overall rating:

  • currently 3.5 stars
Good - 68% (227 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Chatham:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Chatham (0.5 miles)
  • Rochester (0.8 miles)
  • Gillingham (Kent) (0.9 miles)
  • London Southend Airport (14.7 miles)
  • London City Airport (22.0 miles)
  • Lydd Airport (34.7 miles)
  • Gravesend Pier (8.1 miles)
  • Tilbury Ferry Terminal (8.3 miles)
  • Wallasea Island Ferry Landing (20.0 miles)

Nearby schools

View all schools in Medway
  • Brompton-Westbrook Primary School (0.2 miles)
  • New Road Primary School (0.6 miles)
  • St Michael's RC Primary School (0.7 miles)
  • MidKent College (0.8 miles)
  • Medway UTC (1.1 miles)
  • Palmer's College (10.1 miles)
  • Manorway Academy (0.4 miles)
  • Brompton Academy (0.5 miles)
  • Fort Pitt Grammar School (0.8 miles)
Note: Distances are straight line measurements

Local info for Medway

AskMe Q&A for Medway

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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Red Loft - Cross Street Point, ME4 on +44 1634 215803 * (local rate)

Monthly running costs Beta

£336 Monthly total

Mortgage

Purchase price
Deposit (10%) 3,850
Repayment term 25
Interest rate 1.5
Your payment £138 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £350,000 Contents value up to £40,000 Average insurance cost £24/mo (£290/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £19 Electricity £26 Estimated energy cost £45/mo

Similar properties could save up to £161

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5200 kWh/year
Electricity: 1900 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Medway

Estimated tax band A Council tax cost £102 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £9 Sewerage £18 Estimated water cost £27 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Red Loft - Cross Street Point about this property

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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 Red Loft - Cross Street Point, and do not constitute property particulars. Please contact Red Loft - Cross Street Point for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla 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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