Somerset Place
in Kent

Price / ft2
from £‍357
by £‍64
Price / m2
from £‍3 847
by £‍689
Developer
Address
Off Royal Millitary Avenue, Folkestone, CT20 3EF

Property Prices and Floor Plans for Somerset Place

Prices and availability are current from 25 June 2021
Semi-Detached House 2BRfrom 673 ft2or 62.52 m2from £‍357 / ft2or £‍3 847 / m2from £‍240 500

Somerset Place on the map of Kent

Off Royal Millitary Avenue, Folkestone, CT20 3EF

Development status

Block 1, Block 2, Block 3
under construction
for sale

Payment Options at 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.

RegionFull 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 development

🟧 Bicycle StorageNo
🟧 ConciergeNo
🟧 GymNo
🟧 Height ClassificationLow-rise
🟧 LiftNo
🟧 Number of floors3
🟧 Off-plan propertyYes
🟧 ParkingAvailable
🟧 Property Type(Semi-) Detached houses, Townhouses
🟧 Quality ClassificationHigh-end
🟧 Swimming PoolNo
🟧 TenureFreehold
🟧 Warranty10-year NHBC guarantee
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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 £240500 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 – undefined.