£83,750
(£99/sq. ft)
2 bed flat for sale
Kingsmead Road, Canterbury CT1New home
Shared ownership
Leasehold
2 beds
2 baths
849 sq. ft
Available offer
Shared Ownership
Buy part of this home using the Shared Ownership scheme. You'll then pay an "affordable rent" on the share you don't own.
Key information
Tenure
Leasehold (999 years)
Service charge
£201 per month
Council tax band
A band has not been assigned yet.
Ground rent
Ground rent date of next review
Hyde New Homes - Riverside Square
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About this property
Allocated parking space
Reach London St Pancras in 55 minutes from Canterbury West Station
In close proximity to The Kings Mile district and Canterbury City Centre
Located a short walk to The Riverside, a £115 million leisure quarter
Two spacious double bedrooms
Integrated appliances and quality flooring fitted at no additional cost
Private balcony
Ready to move in now with a 5% deposit
Fantastic moving contribution available on this home throughout Autumn!
Ready to move in, a modern two bedroom apartment in the heart of Canterbury, with a 5% deposit and a fantastic moving contribution available this Autumn. Register to find out more!
The home comes with sought-after parking and boasts contemporary specifications, complete with integrated appliances, quality flooring fitted at no additional cost, and a spacious balcony.
Located on your doorstep is the River Stour, with public pathways into the city centre where you can enjoy a vibrant array of shops, restaurants, and amenities. But it's not just about the local scene- the apartment offers more than just a great location. With access to two train stations, commuting to central London has never been easier, where you can reach London St Pancras in 55 minutes.
Priced at £83,750 for a 25% share, based on a full market value of £325,000*.
5% deposit: £4,187.50
Your estimated monthly outgoings*:
Monthly rent: £576
Monthly service charge: £201.08
Please note that the Council Tax banding is not set until after legal completion. For more information, please refer to your Local Authority.
About the home
The open- plan living, dining and kitchen area is the ideal gathering spot for family and friends, with seamless access to the balcony, creating an indoor-outdoor oasis. The kitchen comes complete with integrated appliances at no extra cost.
The main bedroom features an ensuite and a fitted wardrobe, while the additional bedroom share a modern family bathroom. Bedrooms 2 is versatile, allowing you to personalise it as a child's room, dressing room, or a convenient work-from-home office. The added convenience of off-street parking with EV charging points enhances the allure of this home, making it the ultimate home for you.
Living at Riverside Square
Riverside Square has a collection of contemporary two bedroom apartments remaining, exclusively available with shared ownership. The homes are a short walk away from The Riverside, a £115 million leisure quarter for dining, cinema and entertainment.
The development has a landscaped podium garden at its heart and overlooks the River Stour that runs through to the city centre. Each home boasts private outdoor space and an allocated parking space, allowing you to be well connected to the A2/M2 for London and the M25 for the Dartford Crossing and Dover.
What is shared ownership?
Perfect for first time and repeat buyers alike, shared ownership is a government backed scheme which allows you to purchase a home which may be out of your price range by allowing you buy to a share of a home and pay a subsidised rent on the remaining share.
You can buy a 25% - 75% share of your new home. You'll pay a mortgage on this and a subsidised rent to Hyde New Homes on the remaining share.
As time goes on and your income rises, you'll have the option to 'staircase' - to increase the amount you own and eventually, you can own 100% of your home, and no longer pay rent. Eligibility criteria applies.
The Hyde Difference
- Over 90% customer satisfaction for 12 consecutive years
- Experienced in-house sales team to help you with the process to owning your own home
- Option to purchase more shares and own your home outright at any time
- High specification as standard
- Contemporary kitchen units with integrated appliances
- NHBC warranty
- Quality flooring included at no extra cost