Plot A1.01 – 1 Bed Apartment, Cavalier Court, Gillingham

Highlight Housing, The Affordable Homes Agency, working with Legal & General’s Affordable Housing Division (L&G), is pleased to present this 1 bedroom Shared Ownership home at Cavalier Court, Gillingham. The price represents purchasing a 25% share of the property.

Unlock Shared Ownership at Cavalier Court | Saturday 25th April

Join us on Saturday 25th April from 10am – 4pm for our open day event where you’ll have the chance to explore our final 1 bedroom homes, take a stroll through the landscaped gardens and see what living here could be like. Plus, get moving sooner with our spring deposit boost worth up to £2,750*. Contact us today or visit our website to book your place.

*Terms and conditions apply

About this apartment

Plot A1.01 is a 1 bedroom Shared Ownership apartment located on the first floor of Minerva Place. This 549 sqft home features a modern open plan kitchen/dining/living area with a range of integrated appliances and a washer/dryer in the utility cupboard, a fitted wardrobe to the bedroom and access to the beautiful communal gardens.

Overlooking the historic Chatham Docks, Cavalier Court brings an exciting new community in Gillingham, a town well known for its rich maritime history. With a vast range of amenities available and ideally located for commuting, with regular trains to London in under an hour, Chatham is the perfect place to call home.

All apartments at Cavalier Court are available to purchase with Shared Ownership from a 25% share. The price shown reflects purchasing a 25% share of the property’s full market value.

Financial Breakdown:

• Full Market Value: £215,000
• 25% Share Value: £53,750
• 5% deposit of 25%: £2,688
• Rent on unowned share: £370 per month
• Service Charge: £186.22 per month
• Estimated monthly costs based on purchasing a 25% share: £863*
• Council Tax: TBC*

*Monthly costs based on purchasing a 25% share with a 5% deposit and a 25 year mortgage with a 5.25% interest rate. Includes monthly rent on unowned share (75%) and service charge.

These figures are a guideline and may vary according to individual incomes and circumstances. Please speak to one of our sales consultants for a detailed breakdown.

About Cavalier Court

Each home has been built around your lifestyle including modern, open plan living areas that are full of natural light. Kitchens are streamlined and well equipped, with a range of integrated appliances and a freestanding washer/dryer to the utility cupboard and access to beautiful landscaped communal gardens.

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 a 20 minute walk 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.

What is Shared Ownership?

Shared Ownership offers you the chance to buy a share of your home (typically between 25% and 75%) and pay rent on the remaining share. Later on, you could buy more shares of your new home when you can afford to and, if you chose, own the property outright. Monthly costs to purchase a home via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

Eligibility criteria:

• Have a combined household income under £80,000
• Not own a property, or part of a property, at the time of completing on your purchase
• Be unable to purchase a suitable home to meet your housing needs on the open market
• Have a minimum of £5,000 to cover the costs of buying a home
• Priority will be given to applicants with a living or working connection to Medway Local Authority

If you don’t meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.

Council Tax & CGI Disclaimer

Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.

Interior photos are CGI representative of a 1 bed apartment.