Share percentage 25%, full price £161,000, £2,013 Min Deposit
Monthly Cost: £525
Rent £277,
Service charge £24,
Mortgage £224*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
Available for shared ownership sale. Our 2 bed homes are generously proportioned with modern features.
Description
The Normamby is a beautifully designed mid-terraced two-bedroom home designed and built with modern high-specifications throughout. This property is quite simply stunning. Reserve today for £1,000 towards your legal fees.
On the ground floor The Normamby hosts a gorgeous symphony fitted open-plan kitchen-diner, ground floor w/c, a storeroom and a generously sized living room with large patio doors leading to the private rear garden.
The first-floor details of a master bedroom and another large double bedroom. All further complimented with a family bathroom more storage space and landing with access to the loft space.
Key Features
Key Features
- Low 5% deposit
- Available through shared ownership
- £1,000 Legal fees contribution
- Symphony fitted kitchen with modern designs and integrated appliances
- Flooring included throughout
- Turfed rear garden and landscaping to front
- Parking included
- Great transport links
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor Plan BrochureMap
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 25%, full price £161,000, £2,013 Min Deposit. Calculated using a representative rate of 5.03%
