Affordable route onto the ladder with parking and balcony in commuter-friendly Faversham.
- 30% shared ownership; 30% share price £69,000
- Monthly rent on share: £423.65
- Service charge £199.45 per month (below average)
- Leasehold with c.120 years remaining
- West-facing balcony with evening sunset aspect
- Two double bedrooms and generous storage throughout
- Allocated off-street parking and small garden
- Area classed as very deprived; consider growth prospects
A bright two-bedroom apartment in a modern Faversham development, offered as a 30% shared ownership. The open-plan living and kitchen area opens onto a west-facing balcony, ideal for evening sunsets, while two double bedrooms and plentiful built-in storage keep day-to-day living uncluttered. The apartment measures about 767 sq ft and has an EPC B rating.
Practical running costs include a monthly rent of £423.65 on the unsold share and a below-average service charge of £199.45. The property comes with an allocated off-street parking space, a small garden area, and fast broadband — useful for home working or streaming. Good road and rail links to London make this suited to commuters.
Buyers should note this is a leasehold shared-ownership sale with around 120 years remaining on the lease; staircasing is possible but will change costs. The wider area scores as very deprived, which may affect future capital growth. Local amenities include supermarkets, cafés, Faversham market, and several well-rated primary and secondary schools, though one nearby secondary is rated inadequate.
This home will suit a first-time buyer or young professionals looking to get onto the property ladder with lower upfront cost while retaining commuter convenience. It offers comfortable, low-maintenance living with potential to increase ownership over time, but buyers should factor in ongoing rent, service charge and shared-ownership conditions before committing.
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