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Shared ownership

Oxenden Park in Herne Bay

by Wards of Kent

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2 bedroom houses
From £75,625 for a 25% share
(From £302,500 Full Market Value)

Herne Bay, Kent, CT6 7RS

Wards of Kent

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This is a Shared ownership development by Wards of Kent

Oxenden Park is a selection of 2-bedroom homes in the sought-after town of Herne Bay, perfectly situated to make the most of the vibrant town centre, stunning coastline and beautiful countryside.

Built by the award-winning Bellway Homes, Oxenden Park is a popular development due to its location and finish.

Oxenden Park is located on Greenhill Road in Herne Bay, less than two miles from the centre of town and from the beach. Whitstable is around five miles to the west, Canterbury around seven miles to the south and Margate is around 14 miles to the east. Central London is 66 miles away.

Herne Bay Railway Station is around 25 minutes’ walk (five minutes’ drive) from the development, with regular trains to other coastal areas, Rochester and London Victoria (journey time around 90 minutes), among other destinations. High speed trains to Ebbsfleet International, Stratford International and London St Pancras also stop at Herne Bay station. Within convenient reach of the development are the major link roads including the A299, the A2 and the M20.

With a selection of well-regarded schools for younger children. For the older students, Herne Bay High School is within walking distance, and The Whitstable School is around 10 minutes’ drive away. Slightly further away, The Canterbury Academy and St Anselm’s Catholic Schools both have sixth forms so caters for pupils aged 11 – 19 years.

Shared ownership is a part-buy / part-rent scheme designed to help people who wish to buy a home of their own, but who cannot afford the cost of buying a property outright to take their first steps onto the property ladder. In the future, should you be able to afford to, you can purchase further shares in the property and, in most cases, you can purchase 100% of the property. At this point you will no longer pay rent. Under shared ownership, buyers purchase a proportion of their home (for this scheme the minimum share that can be bought is 25%) and pay rent to Golding Homes for the remaining share. Service charges will also be payable on the property. Shared ownership is a good solution for first-time buyers, or applicants who do not already own.

• Large living areas for entertaining
• Contemporary kitchen with integrated oven, hob, and fridge freezer
• Spacious and inviting bedrooms
• Beautifully appointed bathrooms with heated towel rail
• 12-year NHBC build warranty for peace of mind
• Turfed rear gardens including shed

Example Shared ownership share price options

The following table shows examples of the share price range of this development at various share points

 
Share Price from
25% share£75,625
30% share£90,750
35% share£105,875
40% share£121,000
45% share£136,125
50% share£151,250
55% share£166,375
60% share£181,500
65% share£196,625
70% share£211,750
75% share£226,875
 

Are we missing any purchase information? Contact the developer

Please note: Computer generated images are for illustrative purposes only. Images may include optional upgrades at additional cost. Its purpose is to give a feel for the development, not an accurate description of each property. External materials, finishes, landscaping and the position of garages (where provided), may vary throughout the development. Properties may also be built handed (mirror image). Please ask for further details.

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