Cranwell Road
Rusthall TN4 8FE
Two Bedroom Apartments
Shared Ownership Homes
Shared Ownership
Also known as New Build Homebuy
(part-buy part-rent scheme)
Under this scheme you would be able to purchase
between 40% and 75% of the full market value of the
property and pay a subsidised rent on the unpurchased share.
A service charge will also apply.
“Buy a lovely new home from as little as *£70,000!”
Full market valuations for 2 bedroom apartments
from £175,000
For further details please contact our
Sales and Marketing team on 01892 501677
or email [email protected]
* 40% of the full market value of a 2 bedroom apartment at £175,000.
Cranwell Road
Rusthall TN4 8FE
The Area
Rusthall is within close reach of Tunbridge Wells, home to a wealth of places to visit, things
to see, great shopping and a wide selection of high quality places to eat and stay. There are
close links to the A21/M25 and Tunbridge Wells train station is less then two miles from the
development with direct links to London, these lovely two bedroom apartment are ideal for
those who would like to commute for work having all the necessary amenities close to home.
Local schools:
Primary in Rusthall:
l St Paul’s CoE Primary School l Bishops Down Primary
Secondary in Tunbridge Wells (within 2 miles):
l Bennett Memorial Diocesan School
l St Gregory’s RC Comprehensive
l Tunbridge Wells Girls Grammar School
l Tunbridge Wells Grammar School for Boys
l The Skinners School (Grammar) and
l Skinners Kent Academy
Secondary in Crowborough (within 8 miles):
l Beacon Academy
The Development
There are 11 shared ownership apartments available on the
Cranwell Road development along with homes for affordable rent.
Shared Ownership Properties
Type
Address
Postcode
Size (m2)
Full Market Value
2 bed ground floor
apartmentment
Plot 21
33 Cranwell Road, Rusthall
TN4 8FE
62.20m2 £ 177,500
2 bed ground floor
apartment
Plot 22
31 Cranwell Road, Rusthall
TN4 8FE
69.2m2
2 bed ground floor
apartment
Plot 23
29 Cranwell Road, Rusthall
TN4 8FE
60.08m2 £ 175,000
2 bed first floor
apartment
Plot 24
27 Cranwell Road, Rusthall
TN4 8FE
62.20m2 £ 180,000
2 bed first floor
apartment
Plot 25
25 Cranwell Road, Rusthall
TN4 8FE
69.20m2 £ 185,000
2 bed first floor
apartment
Plot 26
23 Cranwell Road, Rusthall
TN4 8FE
60.08m2 £ 177,500
2 bed second floor
apartment
Plot 27
21 Cranwell Road, Rusthall
TN4 8FE
62.20m2 £ 182,500
2 bed second floor
apartment
Plot 28
19 Cranwell Road, Rusthall
TN4 8FE
69.20m2 £ 187,500
2 bed second floor
apartment
Plot 29
17 Cranwell Road, Rusthall
TN4 8FE
60.08m2 £ 180,000
2 bed third floor
apartment
Plot 30
15 Cranwell Road, Rusthall
TN4 8FE
62.20m2 £ 185,000
2 bed third floor
apartment
Plot 31
13 Cranwell Road, Rusthall
TN4 8FE
69.20m2 £ 190,000
£ 182,500
Repayment Example
Purchase Price: 2 bedroom apartments
Purchase Price
£ 175,000.00
Equity Share
40%
Value of purchased share
£
70,000.00
Cash deposit (10% of share)
£
7,000.00
Total Mortgage
£
63,000.00
Approx monthly mortgage payment based on 6%
£
353.40
Monthly rent
£
240.63
Service charge
£
83.46
Total
£
677.49
Please note:
The calculations above do not include utility bills. The example mortgage repayment
cost is based on 6% interest rate, there are other products available on the market.
Internal Specification
Each of our shared ownership properties
will benefit from the following specification.
l
l
Fitted kitchen
Integrated single oven with hob and extractor hood
l
Integrated washer/dryer
l
Integrated fridge freezer
l
l
Carpeted throughout
Ceramic floor tiles to kitchen and bathroom
Floor plans
B
Kitchen/Living/Dining
F/F
Bedroom 2
Bathroom
St
St
Master
Bedroom
Plots 21, 24 and 27
Plot 21, 24 & 27
Type F02A
Floor plans
Bedroom 2
Master
Bedroom
Bathroom
St
St
F/F
Kitchen/Living/Dining
B
Plots 22, 25 and 28
Plot 22, 25 & 28
Type F01
Floor plans
Master
Bedroom
St
St
Bathroom
Bedroom 2
F/F
Kitchen/Living/Dining
B
Plots 23, 26 and 29
Plot 23, 26 & 29
Type F02
How to find us
Cranwell Road, Rusthall TN4 8FE
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