Somerset Placein Kent
Semi-Detached House
from £240 500
Price / ft2
from £357
by £7
Developer
Address
Off Royal Millitary Avenue, Folkestone, CT20 3EF
Property Prices and Floor Plans for Somerset Place
Prices and availability are up to date as of 25 June 2021
 | Semi-Detached House 2BR | 673 ft2 | from £357 / ft2 | from £240 500 |
Somerset Place on the map of Kent
Off Royal Millitary Avenue, Folkestone, CT20 3EF
Mortgage in Somerset Place
Help to Buy
Help to Buy is a government-backed scheme that aims to help first-time buyers onto the property market with an equity loan (also known as shared equity) of up to 40% of the value of a new build home.
- Requires only 5% deposit
- Only a 55% mortgage required
- 40% Government equity loan (interest free for the first 5 years)
- Available on new build homes up with a value of up to £600,000
Eligibilty Criteria
Requirements:
- Minimum age of 18 years.
- Must be first-time buyer.
Not allowed:
- Owning a home or land anywhere in the world at any time.
- To have had any form of sharia mortgage finance.
- Owning a home bought with other people or inherited.
- Being married or in a co-habiting relationship, either now or on legal completion with anyone who owns or has owned a home or land anywhere in the world.
- Purchasing a second home
There are certain price limits on homes you can purchase with an equity loan. The limit varies for each region in England.
| Region | Full property price limit |
|---|---|
| East | £407,400 |
| East Midlands | £261,900 |
| London | £600,000 |
| North East | £186,100 |
| North West | £224,400 |
| South East | £437,000 |
| South West | £349,000 |
| West Midlands | £255,600 |
| Yorkshire and The Humber | £228,100 |
*Terms and conditions apply
Mortgage
We checked the information and the developer's representatives confirmed that units in this residential complex can be purchased by using a mortgage.
Shared Ownership unavailable
We checked the information and the developer's representatives confirmed that this residential complex does not offer this method of buying
Investment Purchase unavailable
We checked the information and the developer's representatives confirmed that this residential complex does not offer this method of buying
Part Exchange unavailable
We checked the information and the developer's representatives confirmed that this residential complex does not offer this method of buying
Property Details
About the house
| 🟧 Tenure | Freehold |
| 🟧 Height Classification | Low-rise |
| 🟧 Quality Classification | High-end |
| 🟧 Number of floors | 3 |
| 🟧 Parking | Available |
| 🟧 Off-plan property | Yes |
| 🟧 Property Type | (Semi-) Detached houses, Townhouses |
| 🟧 Concierge | No |
| 🟧 Gym | No |
| 🟧 Swimming Pool | No |
| 🟧 Warranty | 10-year NHBC guarantee |
| 🟧 Bicycle Storage | No |
| 🟧 Lift | No |
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Which apartments are available for sale in Somerset Place in Kent?
For sale in Somerset Place are available semi-detached house 2br.
What is the minimum price of a property in Somerset Place?
The minimum price at Somerset Place is £240 500 for Semi-Detached House 2BR.
How to buy an apartment in Somerset Place in Kent?
In this development you can buy apartments with a Help to Buy, a Mortgage.
When will Somerset Place be commissioned?
Block 1, Block 2, Block 3 – under construction.