2 bed Flat For Sale £75,250
Ready to move into!
Plot 257 makes an idea home for first time buyers, located on the second floor of the Sandbank Apartments. This beautiful 2 bedroom home enjoys east-facing views and comes with an allocated parking space.
The entrance door leads into an "L" shaped hallway where you will find a storage and airing cupboard. Opposite these you will find the bathroom, with contemporary white sanitaryware, bath with chrome taps, wall tiling to selected areas and a heated chrome ladder radiator.
The heart of the home is the open-plan living/kitchen/dining area. The kitchen wraps around 3 sides of the room and comes fully fitted with units and worktops, integrated stainless steel oven and 4 burner hob, chimney hood and splashback, integrated fridge freezer and space for a washing machine. The dining area is located next to the kitchen, followed by the living space with boasts double doors leading out to your own private balcony.
The dual-aspect master bedroom provides ample space for a double bed and wardrobes, featuring a Juliette balcony facing south. Bedroom 2 is positioned next to this, with space for a single bed, storage and space for a dedicated work area.
For further details of the specification included in this home, please view our host brochure or ask our sales consultants for more information. Flooring is provided throughout, with Karndean flooring to wet-rooms and carpet to the rest. Walls are painted white, providing the perfect canvas to make your home your own and all homes come with a 10 year Premier warranty.
Please note that internal images are of our show apartment, which is the same internal layout as plot 257 but handed.
Shared Ownership
Full Market Value: £215,000
Minimum Share: £75,250 (35%)
Monthly Rent: £320.26
Other Monthly Charges (includes service charge and buildings insurance): £146.29
Why Buy a Shared Ownership Home?
You are investing in your own home rather than paying rent with no return. You will only need to secure a mortgage for a percentage of the property price (from 35% to 75% at Westwood Point) rather than the whole amount which makes it more affordable in the short term. You'll need a much smaller deposit than if you took out a mortgage for the whole property.
The combined monthly mortgage and rent payments of Shared Ownership usually work out cheaper than buying the entire property straightaway, and often less than renting a similar property privately. In most cases you can buy additional shares of your home if you want to, meaning that as your income increases you can buy more of your home. The more of your home you own, the less rent there is to pay. You only buy the share you can afford so you don't overstretch yourself financially.
If you would like to find out more information on Shared Ownership or would like to know if you are eligible, please feel free to email or call us and we can discuss further with you.
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Tenure: Leasehold
Length of Lease: 125 years
Initial ground rent: £0.00
Annual Service charge & buildings insurance: £1,755.48
Service Charge Review Period: April (annually)
Council Tax Band: TBC - Council Tax Band will be confirmed by the local authority on completion of the property
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Westwood Point
We are delighted to present Westwood Point, a beautiful collection of two and three bedroom homes. All homes are available to buy through Shared Ownership Scheme subject to eligibility, terms and conditions.
Located in the heart of Thanet, with fantastic amenities right on its doorstep and the towns of Margate, Ramsgate and Broadstairs all within 10 minutes by road.
All essential shops are only a short walk or drive from your door and there are plenty of other ways to enjoy your spare time. Westwood Cross Shopping Centre is home to a huge collection of stores from fashion, pharmacies, a cinema, restaurants and health club.
To the north is the vibrant seaside town of Margate, which offers a fantastic fusion of traditional British beach resort and cutting-edge cool.
To the south lies Ramsgate, which is home to ship chandlers, independent shops and art studios - not to mention its sandy beaches!
And a short journey east will take you to the award-winning blue flag beaches, cliff-top walks and festival culture of Broadstairs.
Disclaimers
Photography and images
Images shown are generic images and may not apply specifically to this development.
Floor Plan
Floor plans are not drawn to scale. Measurements are taken from areas marked with an arrow. They are maximum approximate dimensions and given as a guide only. These should not be used as a basis for purchasing flooring or furniture. Orbit reserve the right to alter plans, specification, position of doors and windows and change tenure subject to demand without prior notice. External elevations vary from plot to plot. Please ask your Sales Consultant for current information when reserving your new home. Information correct at time of going to print. *Plot is handed.
Shared Ownership
Shared Ownership is subject to qualification.
Rent is 2.75% of the unsold equity.
Under the terms of the Shared Ownership scheme you will be offered the maximum % share you can afford.
Other monthly charges include service charge and buildings insurance.
