Affordable 50% share in a modern central Maidstone flat, close to station and riverside walks..
50% Shared Ownership — £95,000 for a 50% share
This modern upper-ground two-bedroom apartment in central Maidstone is offered as a 50% Shared Ownership opportunity, ideal for a first-time buyer seeking a well-located, low-maintenance home. The open-plan living/kitchen leads to a front balcony with pleasant tree-lined street and partial river views, and lift access and an allocated space in secure electric gated parking add everyday convenience.
Practical running costs are clear: a long lease (approx. 115–116 years remaining), an EPC B rating, and mains gas central heating via boiler and radiators. Monthly outgoings include a service charge (c. £151–£167 monthly) and a small ground rent (£150pa). The 50% share price is £95,000 with a separate monthly rent (around £291–£301) payable to the housing provider; purchasers must meet Shared Ownership eligibility criteria.
Location is the apartment’s strongest selling point — centrally positioned within walking distance of shops, riverside walks and Maidstone mainline stations, with fast broadband and excellent mobile signal. That centrality also brings city living trade-offs: the area is classified as deprived with a very high local crime rate, which should be weighed against the convenience and affordability the scheme provides.
No onward chain and a modern 2016 build mean quick completion is possible for a qualified buyer. This property suits first-time buyers looking to step onto the property ladder near transport links and town amenities, and investors considering long-term rental potential under shared ownership rules.