Shared Ownership
This superb modern home is available to buy from as little as £180,000 with a 40% share!
This well-presented two-bedroom home offers thoughtfully arranged accommodation across two floors.
The ground floor features a welcoming entrance hall leading to a bright and generously proportioned living room, providing an excellent space for both relaxing and entertaining. To the rear, double doors open onto a private garden, creating a seamless connection between indoor and outdoor living. The separate fitted kitchen offers practical workspace and storage, while a convenient ground-floor cloakroom/WC completes the accommodation.
Upstairs, the property comprises two well-sized bedrooms, including a spacious principal bedroom overlooking the rear aspect. A family bathroom and central landing provide access to all first-floor rooms.
Outside, the enclosed rear garden offers ample space for outdoor dining, gardening, or family enjoyment. Two allocated parking spaces offer further convenience.
Nestled in the popular village of Plaxtol, this property enjoys a peaceful countryside setting while remaining within easy reach of Sevenoaks, Tonbridge, and Borough Green. Excellent road and rail links provide convenient access to London, while local amenities, highly regarded schools, and scenic walking routes make the area particularly attractive to families and commuters seeking a balance of rural charm and everyday convenience.
PRICING & AFFORDABILITY
Full Market Value: £400,000
45% Share Price: £180,000 (rent £606.31 pcm)
Minimum 5% Mortgage Deposit (45% share): £9,000
Approximate Service Charges: £86.59 pcm*
Lease: 114 years
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** This home can also be purchased outright (100% of the value) which is £400,000 and a purchaser would not need to meet the eligibility criteria listed above.
