St Catherine's Grange, Ramsgate

4 bedrooms Semi detached property for sale

£118,500 Shared ownership

  • 4 bedrooms
  • 3 bathrooms

Key features

  • Full market value £395000 (30% share available for £118,500)
  • Other share options available, speak to our sales team for more information
  • 4 bedrooms
  • 3 bathrooms
  • Generously spread over three floors
  • 1,222 sq ft/ 114 sq.m
  • One allocated parking space
  • Located in the popular St Catherines Grange Development
  • 5 minutes drive from Westwood Shopping Centre
  • 5 minutes drive from Thanet Parkway Station, with high speed links into London

Full description

Tenure
Leasehold
Lease length
990-years
Annual service charge
£600.00
Shared ownership
Yes
Share
30%
Rental amount
£633.65
Rent frequency
Monthly

Exciting New Development at St. Catherine's Grange

Discover this amazing opportunity to purchase a stunning four-bedroom semi-detached home through Shared Ownership, with a 30% share available for just £118,500 and a deposit of £11,850.  The full market value of this property is £395,000, with various share options available.

Contact us today to schedule an appointment and explore these remarkable homes in detail!

Financial Breakdown:

Full market value: £395,000

30% share value: £118,500

5% deposit: £5,925

Rent charged on unowned share: 2.75%

Rent on unowned share (25%): £633.65 pm

Estimated monthly service charge: £50

Entrance Hall: A welcoming space featuring two spacious storage cupboards, ideal for keeping your home organized. The hallway leads into the kitchen dining space on the right and the living room straight ahead.

Kitchen/Diner: A bright and airy area with generous work surfaces and ample storage, perfect for both cooking and entertaining.

Living Room: Flooded with natural light from the patio doors, which open seamlessly to the garden, creating a harmonious indoor-outdoor living experience.

First Floor: The landing leads to three beautifully appointed bedrooms, including two generous doubles. One of the doubles boasts a private ensuite shower room, while a stylish family bathroom serves the remaining rooms.

Second Floor: Discover the impressive master suite, complete with a dressing area and a luxurious ensuite shower room.

Outside: Enjoy a serene and secluded rear garden, perfect for relaxation and outdoor gatherings. Additionally, this home offers the convenience of one allocated parking bay.

St. Catherine's Grange is a stunning new development located in Manston on the outskirts of Ramsgate. Ramsgate is approximately a 13-minute drive away, with regular trains to London. The development includes plans for a new primary school, railway station, supermarket, community centre, health centre, library, and local shop, as well as ample open spaces and play areas, ensuring there is something to suit everyone's needs.

What is Shared Ownership?

If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home and pay rent on the remaining share. Later, you can buy larger shares when you can afford to and, if you choose, own the property outright. Monthly costs for purchasing via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

About Places for People

Places for People is a Registered Provider offering these homes for sale on a Shared Ownership basis. We are dedicated to creating communities where residents can live, grow, and flourish. Our goal is to remove the stress associated with moving house, while delivering customer satisfaction and quality new homes.

*Please note, images have been used for illustrative purposes only. Specifications, layout, and finishes may be subject to change.

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