1 bed flat for sale

Radnor Close, Maidstone ME14

50% shared ownership £95,000, full price £190,000. Welcome to this charming one-bedroom first-floor apartment located on Radnor Close in Maidstone. This purpose-built flat, constructed in 2003, offers a comfortable living space of 495 square feet, making it an ideal choice for first-time buyers or those looking to downsize.
The property features a spacious lounge/diner, perfect for relaxing or entertaining guests. The bedroom provides a peaceful retreat, and the flat benefits from an allocated parking space, ensuring convenience for residents. With a leasehold of 103 years remaining and a council tax band B, this apartment presents an attractive opportunity for shared ownership at 50%.
Situated in a prime location, the apartment is just a short distance from Maidstone East train station, providing excellent transport links for commuters. Additionally, the nearby Whatman Park offers a lovely green space for leisurely walks or outdoor activities. Maidstone itself boasts a variety of amenities, including shops, restaurants, and recreational facilities, ensuring that all your needs are met within easy reach.
With an impressive EPC rating of B, this property is not only comfortable but also energy-efficient, making it a sensible choice for modern living. If you are seeking a well-located, low-maintenance home in Maidstone, this delightful flat on Radnor Close could be the perfect fit for you. All applicants must be registered and approved by Hyde New Homes and may be required to carry out a shared ownership affordability assessment. Financial Information:
Property Value = £190,000, Percentage Share = 50%, Share Price = £95,000, Monthly Rent = £330.91, Monthly Service Charge = £122.98. The service charge and rent is reviewed annually on the 1st April.

Eligibility

Eligibility
You may be eligible for this property if:

You have a gross household income of no more than £80,000 per annum.
You are unable to purchase a suitable home to meet your housing needs on the open market.
You do not already own a home or you will have sold your current home before you purchase or rent.