TENURE: Leasehold
Welcome to Horizons.
Perfectly located just a short distance from the town centre and on the fringes of the Kent Downs, the Horizons development is set in a residential area overlooked by the Western Heights and the magnificent Dover Castle to the east - an English Heritage site which is one of the largest Castles in England.
Built by Exemplar, the apartments at Horizons have all been designed to reflect a modern lifestyle and the unique specification of these homes enhance the premium nature of this small and exclusive development of just 29 apartments consisting of twenty two 2 bedroom homes and just seven 1 bedroom homes.
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Buy with Shared Ownership. Purchase up to a share of 75% at 116,250 with a deposit of 5,812.50. The price shown represents a 75% share of 155,000. A great opportunity to get onto the property ladder and live in this brand new home.
Apartment 100 is a first floor one bedroom home with open plan kitchen/living/dining room, bathroom and balcony. This homes contemporary kitchen benefits from integrated appliances and flooring is provided throughout.
The development benefits from residents parking.
Financial Breakdown Example:
Full market value: 155,000
75% share value: 116,250
5% deposit: 5,812.50
Rent charged on unowned share : 2.75%
Rent on unowned share (25%) : 88.80 per month
Ground Rent 10 per annum
A yearly service charge will also be payable
Local Area:
The town includes several high streets that mix national chains with local independent shops, as well as pubs, restaurants, bakeries, butchers and usual food stores that all help cater for day to day needs. A short distance away is St James Retail and Leisure Park, which offers superb shopping facilities plus a Multiplex cinema and casual eateries for enjoying evenings out.
Due for completion in Spring 2021
What is Shared Ownership?
If you can't afford the mortgage or deposit on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 40% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
Images shown are for illustrative purposes only
