3 bedroom house for sale
Turnstone Drive, , IP32 7GT
Share percentage 50%, full price £265,000, £13,250 Min Deposit.
Share percentage 50%, full price £265,000, £13,250 Min Deposit.
Monthly Cost: £1,164
Rent £474,
Service charge £21,
Mortgage £669*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A 3 bed shared ownership property available in Bury St. Edmunds, Suffolk
Description
Beautifully presented three-bedroom end of terrace house in Suffolk. The property comprises two double bedrooms and one single bedroom, a large lounge with access to garden and dining space, a modern fitted kitchen, and a bathroom. The property also benefits from parking space and a rear garden.
Minimum income required: £47,928
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 10%.
Available for £132,500 for 50% share based on the marketing figure of £265,000.
SO Resi Monthly Payment - £473.83
Monthly Service Charge - £20.92
Total Monthly Charge - £494.75 plus mortgage required for 50% share.
Read more about our Covid-19 update:https://soresi.co.uk/covid-19-message-resales/
EPC ratingEnergy Rating Band - C
Environmental Impact Band - C
All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.
Key Features
- Three bedrooms
- Off-road allocated parking space
- Rear garden
- End of terrace house
- 5 minute drive to Bury St Edmunds
- Available for 50% share
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 50%, full price £265,000, £13,250 Min Deposit. Calculated using a representative rate of 4.59%
