2 bedroom house for sale
Walston Way, , PE28 4GT
Share percentage 40%, full price £297,500, £5,950 Min Deposit.
Share percentage 40%, full price £297,500, £5,950 Min Deposit.
Monthly Cost: £1,129
Rent £405,
Service charge £61,
Mortgage £663*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Huntingdon, Cambridgeshire
Description
Newly built & large two-bedroom semi-detached house now available in Huntingdon, Cambridgeshire, through Shared Ownership.
The property comprises of a cosy living room and a large separate kitchen, as well as a wide rear garden with a shed. The two bedrooms are then situated upstairs. There are two WC facilities; one per each floor. Allocated parking is also available.
The construction is from circa 2019, making the house a great opportunity to live in a modern building; this could be ideal for a small family or couple wanting to start one.
Minimum income required: £43,310
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 5%.
Available for £119,000 for 40% share based on the marketing figure of £297,500.
Monthly rent - £405.11
Monthly Service Charge - £61.28
Total Monthly Charge - £466.39 plus mortgage required for 40% share.
An annual rent increase takes place every April
Layout and dimensionsGross internal floor area: 77.4 m²
Living room: 4.78 x 2.92 m
Kitchen: 5.00 x 2.59 m
Bedroom 1: 4.78 x 2.69 m
Bedroom 2: 3.71 x 3.00 m
Lease informationYears remaining on lease: 120
The remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
EPC ratingEnergy rating band - B
Environmental impact band - B
Other informationKey Features
- Two-bedroom semi-detached house
- Two floors
- Newly built (circa 2019)
- Wide rear garden
- Allocated parking
- Available for 40% share
- 5% minimum deposit only
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 40%, full price £297,500, £5,950 Min Deposit. Calculated using a representative rate of 5.03%
