1 bedroom apartment for sale
Scribers Drive, Northampton, NN5 4ES
Share percentage 55%, full price £125,000, £3,438 Min Deposit.
Share percentage 55%, full price £125,000, £3,438 Min Deposit.
Monthly Cost: £550
Rent £68,
Service charge £99,
Mortgage £383*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
Spacious ground floor flat located in Northampton available for sale through the Shared Ownership Scheme.
Description
Spacious one bedroom house located in Northampton available through the Shared Ownership Scheme.
Available for £68,750for 55% share based on the marketing figure of £125,000.
SO Resi Monthly Payment - £68
Monthly Service Charge - £99
Total Monthly Charge - £167PLUS MORTGAGE REQUIRED FOR 55% SHARE.
Read more about our Covid-19 update:https://soresi.co.uk/covid-19-message-resales/
Lounge / Kitchen:
6.61m x 3.79m (max)
Bedroom:
3.59m x 2.74m
Bathroom:
2.06m x 2.12m
EPC rating
Energy Rating Band- C
Environmental Impact Band- C
Key Features
One bedroom apartment
Ground floor
Great condition
Double glazed windows
Allocated parking space
Secure bicycle storage
Close to local amenities in Northampton
Well-kept communal area
Available for 55% share
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Map
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 55%, full price £125,000, £3,438 Min Deposit. Calculated using a representative rate of 5.03%
