Register your interest for Cavalier Court
Resale
101 Victory Place
Victory Place, ME4 4XU
1 bedroom resales apartment
More than you thought possible in Kent with Shared Ownership.
Located within the Chatham Waters regeneration, this home offers an excellent opportunity to step onto the property ladder within a growing waterside community.
Positioned on the second floor and extending to approximately 45 sqm (484 sq ft), the apartment offers a modern open plan kitchen/ living/ dining area with floor to ceiling windows offering lots of natural light. The kitchen benefits from a range of integrated appliances and the well proportioned bedroom includes fitted wardrobes.
The property forms part of a modern, well connected development with access to waterfront walks, beautiful communal gardens, green spaces and local amenities.
Financial Breakdown
- Full Market Value: £215,000
- 25% Share Value: £53,750
- Rent on unowned share: £402.29 per month
- Service Charge: £192.25 per month
- Lease Length: Approximately 989 years remaining
- Rent Review: Reviewed annually (Rpi + 0.5%)
About the local area.
Living here, you’ll be within walking distance to a range of local amenities, green open spaces and a beautiful new waterfront boulevard, perfect for a walk or jog along the water’s edge.
With a bustling high street and town centre, Gillingham has a variety of shops, equipped with essentials for everyday living including The Pentagon Shopping Centre. With over 70 high street favourites, the centre is a great place to splurge, grab a bite to eat or stop for a coffee.
Whether it’s by road or rail, getting around has never been simpler. Gillingham Railway Station is an 8 minute drive away and keeps you connected to other areas of Kent and London. If you’re commuting into the city, you can be in Stratford International in 36 minutes, London St Pancras International in 44 minutes or London Victoria in 54 minutes. You will have great road connections too with the A2 and M2 nearby giving you easy access to Maidstone, Sevenoaks, Canterbury and Ashford to name a few.
Cavalier Court
Your estimated costs
(service charge not included)
Household income
The estimated minimum household income required
Monthly mortgage
The estimated monthly mortgage payments on the share you're purchasing
Monthly rent
The estimated monthly rent on the share that you do not own
Total monthly costs
The total estimated monthly costs of the mortgage and rent payments
The monthly costs (ex service charge) are as follows. They are calculated from mortgage repayments and rent. Please note, this is excluding service charges which vary by property and scheme. Calculations do not include service charges. Service charges will have to be paid and thus part of the calculation that ascertains your affordability. Please contact a member of the team for more information.
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Location
Eligibility Criteria
- Have a gross household income of no more than £80,000 per annum
- Be unable to purchase a suitable home to meet your housing needs on the open market
- Not already own a home or you will have sold your current home before you purchase
- Priority will be given to applicants with a living or working connection to Medway Local Authority
- For a 25% share in a Cavalier Court apartment, we recommend a minimum household income of the following amounts based on a 5% deposit. We’re happy to discuss your specific situation and help you understand your options.
- 1 bedroom apartments: above £30,000
- 2 bedroom apartments: above £36,000
Site plan
- Indesit oven, hob and integrated fridge/freezer
- Indesit freestanding washer/dryer to utility cupboard
- Regular trains to London in under an hour
- Close to a range of local amenities
- Green open spaces just a stone's throw away
- Great transport connections
- Open plan living with lots of natural light
- Well proportioned bedroom with fitted wardrobes
- Floorplans
- 360 Tours
- Key Information Documents
