Minerva Place, Gillingham Gate Road, Chatham, ME4 4QE

Highlight Housing, The Affordable Homes Agency, working with Legal & General Affordable Homes, is pleased to present this two-bedroom Shared Ownership apartment at the popular Chatham Waters development.

Available from a 25% share for £57,500, based on a full market value of £230,000.

Property Overview Offering approximately 643 sq ft of well-planned accommodation, this third-floor apartment combines contemporary open-plan living with two bedrooms and a private balcony.

At the heart of the home is a spacious open-plan kitchen, living and dining area.

The kitchen provides plenty of worktop and storage space, while the adjoining lounge/dining area offers a flexible setting for relaxing, dining and entertaining.

A door opens directly onto the private balcony, extending the living space outdoors.

The apartment benefits from two well-proportioned bedrooms, with the principal bedroom measuring approximately 15'0” x 8'7”.

The second bedroom measures approximately 15'0” x 7'0” and offers flexibility as a bedroom, guest room or home office. A modern family bathroom and useful storage complete the accommodation.

Financial Breakdown Full Market Value: £230,000 25% Share Value: £57,500 Rent on Unowned Share: £458.16 per month Service Charge: £79.43 per month Estate Charge: £34.45 per month Buildings Insurance: £22.55 per month Management Fee: £34.89 per month Reserve Fund: £62.86 per month Total Monthly Payment (excluding rent): £234.18 per month Total Monthly Rent & Charges: £692.34 per month The share purchase price is calculated using the full market value and the percentage share purchased.

Local Area Chatham Waters is a modern waterfront development situated on the banks of the River Medway, offering contemporary living within easy reach of Chatham, Gillingham and the wider Medway area.

The development benefits from a range of amenities nearby, with shops, supermarkets, restaurants and leisure facilities all within easy reach.

The waterfront setting also provides access to attractive walking routes and open spaces along the River Medway.

For commuters, both Chatham and Gillingham railway stations provide connections towards London and across Kent, while convenient road links provide access to the A2 and M2. What is Shared Ownership?

Shared Ownership offers a more accessible route to homeownership by allowing you to purchase a share of a property's value, while paying a subsidised rent on the remaining share.

Over time, you may choose to buy additional shares in your home through a process known as staircasing, potentially increasing your ownership up to 100%.

Deposits and mortgage payments are based on the share purchased, meaning costs are often lower than buying outright or renting privately.

Legal & General Affordable Homes is a Registered Provider delivering Shared Ownership homes and committed to creating well designed communities and supporting buyers throughout their home buying journey.

Eligibility Criteria To be eligible for Shared Ownership, you will need to: Have a combined household income under £80,000 per annum.

Not already own a property, or part of a property, at the time of completing your purchase. Be unable to purchase a suitable home to meet your housing needs on the open market.

About Highlight Housing We are The Affordable Homes Agency. Finding an affordable home should not feel impossible.

Highlight Housing exists to improve access to good-quality, safe, affordable homes for sale and rent across the UK, working with trusted housebuilders, housing associations, private sellers and landlords.

With over 15 years' experience across shared ownership, shared equity, mid-market rent and rent to buy, we provide clear, practical guidance that helps people understand what is genuinely within reach.

Our focus is on supporting individuals and families to move forward with confidence into a secure, well managed future home they can afford.

Shared Ownership Disclaimer Shared Ownership is subject to eligibility, affordability checks and the terms of the lease.

Rent is payable on the share not owned, along with any applicable service charges and other outgoings.

Staircasing is subject to a valuation at the time of purchase and additional legal and valuation costs may apply. Priority may be given to applicants with a local connection.

All information provided is for guidance only and does not form part of any contract.