1 bedroom house for sale
3 Ebdon Way, TQ1 4FE
Share percentage 35%, full price £150,000, £5 Min Deposit.
Share percentage 35%, full price £150,000, £5 Min Deposit
Monthly Cost: £732
Rent £336,
Service charge £50,
Mortgage £346*
Calculated using a representative rate of 6.24%
Calculate estimated monthly costs
*****Please note a local connection is required for this property.*****
Having a local connection in this instance is defined as one of the following:
· Means a persons connection with the District of Torbay.
· being formerly permanently resident therein for a continuous period of at least Three (3) years
· Current or Previous employment period of at least Three (3) years
We will require documentation to confirm your local connection
Please email sales@westwardhousing.org.uk to arrange a viewing.
Summary
Westward offer this 1-bedroom Coach House property in Torquay through Shared Ownership.
Description
Westward offer this 1-bedroom Coach House property in Torquay through Shared Ownership.
A recently modernised 1 bedroom Coach House, which benefits from being within walking distance to the local amenities including, the beach, shops & hospital. It is also on the local bus routes and a 4-minute walk to the local train station.
The property consists of the below:
- a spacious double bedroom
- Lounge/diner
- Kitchen
- Bathroom with walk in shower
- Internal hall storage
- Attic space with access ladder
- External storage room
- Allocated parking space
The property upgrades, includes the below:
- New boiler installed in 2020
- New flooring throughout
- Gas central heating installed in 2022
- UPVC double glazed windows and doors
- Electrics and plumbing throughout.
The lease also gives you the right to fully staircase to 100% and own the Freehold of the property once this has been attained.
*****information has been supplied to us by the current owner*****
Full Market Value: £150,000
Share Available:35%
Share Value: £52,500
Monthly Rent: £336.13
Service Charge: £50.00
Please email sales@westwardhousing.org.uk to arrange a viewing.
Key Features
Key Features
- 1 x Double Bedroom
- Lounge/Diner
- Kitchen
- Bathroom
- Internal Storage
- External Storage
- UPVC Double Glazing
- Gas Central Heating/Boiler
- Allocated parking
Particulars
Tenure: Leasehold
Lease Length: 82 years
Council Tax Band: A
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 35%, full price £150,000, £5 Min Deposit. Calculated using a representative rate of 6.24%
