2 bedroom apartment for sale

Shared Ownership Resale (Available from 25% Share)

Highlight Housing, The Affordable Homes Agency, working with Legal & General Affordable Homes, is pleased to present this well maintained two bedroom shared ownership apartment at 104 Victory Place, Chatham Waters. The price shown represents purchasing a 25% share of the home.

Located within the Chatham Waters regeneration, this home offers an excellent opportunity to step onto the property ladder within a growing waterside community.

Positioned on the second floor and extending to approximately 73 sqm (790 sq ft), the apartment offers a spacious open plan kitchen, lounge and dining area, creating a bright and flexible living space. There are two well proportioned bedrooms, including a larger principal bedroom with en suite, alongside a modern main bathroom. The layout is well suited to first time buyers, professionals or those looking to downsize.

The property also benefits from an allocated parking space and forms part of a modern, well connected development with access to waterfront walks, green spaces and local amenities. A 360° virtual tour and detailed floorplan are available to support your viewing.

Financial Breakdown

• Full Market Value: £250,000
• 25% Share Value: £62,500
• Rent on unowned share: £484.24 per month
• Service Charge: £88.42 per month
• Estate Charge: £43.89 per month
• Lease Length: Approximately 987 years remaining
• Rent Review: Reviewed annually (Rpi + 0.5%) 

Local Area

Chatham Waters is a key regeneration area within Medway, designed to create a modern waterside community combining residential, commercial and leisure space. Residents benefit from access to local amenities, including shops, dining and open green spaces.

Chatham railway station is located nearby, offering direct connections to London, making the area well suited to commuters. The wider Medway area also provides schools, leisure facilities and everyday services.

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.

The share purchase price is based on the full market value of the property, and your rent is calculated on the remaining share owned by the landlord. 

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%.

Eligibility Criteria

To be eligible for Shared Ownership, you will need to:

• Have a combined household income under £80,000 per annum
• Be unable to purchase a suitable home on the open market
• Meet one of the standard criteria, such as being a first time buyer or forming a new household 

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, service charges and other costs will increase over time and should be considered carefully. Failure to meet mortgage, rent or service charge payments could put your home at risk.