2 bedroom house for sale
***UNDER OFFER*** 5 Firle Road, BN10 8DD
Share percentage 50%, full price £295,000, £7,375 Min Deposit.
Share percentage 50%, full price £295,000, £7,375 Min Deposit
Monthly Cost: £1,143
Rent £307,
Service charge £14,
Mortgage £822*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
This property is an extended semi-detached two bedroom bungalow.
Description
Accommodation
Ground Floor: Entrance Hall, Kitchen, Living Room, Bedroom One with En-suite/WC, Bedroom Two and a separate Bathroom/WC.
Improvements:
· En-suite/WC installed in front bedroom
· Bathroom suite reconfigured and improved
· Replacement kitchen
· Rear extension adding additional living accommodation
· Rear porchway
· Attached single garage
· Landscaping to both front and rear garden including patio area.
External: Small front garden and rear garden to the property. Porch area leading to adjacent garage and driveway.
Location
The property is in a residential area of similar age and type properties close to a new estate.
Peacehaven town centre is approximately two miles away.
Key Features
Purchase Information
For Sale is a 50% share of the property for £147,500.00 with an additional monthly charge of £321.35 which includes Rent and Insurance.
The Full Market Value of £295,000.00 does not consider the extensive improvements that have been undertaken in this property.
Therefore, the 50% share of £147,500.00 has an additional £55,000.00 to be added to cover the improvement value bringing the total payment required to £202,500.00.
Please take this into account with your finances as Mortgage Lenders will only loan on the market share valuation and not consider the improvements value. You will therefore require a large deposit of £55,000.00 plus any that your lender requires.
Additional Information
If you require any further information or wish to arrange a viewing, please contact Orbit Home Ownership Services using the details provided.
Particulars
Tenure: Not specified
Council Tax Band: C
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes
Outside Space/Garden: n/a - Private Garden
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £295,000, £7,375 Min Deposit. Calculated using a representative rate of 5.03%
