2 bedroom house for sale
71 The Sidings, PR3 5BN
Share percentage 75%, full price £165,000, £6,188 Min Deposit.
Share percentage 75%, full price £165,000, £6,188 Min Deposit.
Monthly Cost: £789
Rent £100,
Mortgage £689*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
The GLA and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
- Not own another property in the UK or any other country.
- Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
- Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
- Be in full time permanent employment.
- Be a British, EU or EEA Citizen or have indefinite leave to remain in the UK.
- Have a good credit history.
Summary
2-bedroom Shared Ownership resale available in Clitheroe
Description
Not only is this property situated in a very sought after Barton location, with great amenities all within a short distance, but it is topped off with well laid out accommodation and open field views from the master bedroom. Ideal for first time buyers or young families.
The property forms part of an attractively landscaped development where similarly attractive properties ooze with curb appeal! A ready to move into finish, with tasteful fittings, attractive decor and well proportioned rooms sitting central to all that's on offer. The property is also within catchment for schooling and allows you to enjoy nearby walks out into the Lancashire countryside.
Upon entering you are greeted with an entrance hallway with access to the living room. The lounge is of a good size with under stairs storage. To the rear is the dining kitchen with a range of fitted appliances and stylish wall and base units. To complete the ground floor the property benefits from a WC. To the first floor there are two double bedrooms with the master benefiting from views over the open fields and a modern fitted three piece bathroom.
The south west facing rear garden is a lovely and easy to maintain space, offering a sunny aspect it is the ideal environment to enjoy those late summer evenings. Parking for the property is provided to the front of the property, with two parking spots.
*Information is correct to the best of our knowledge, please speak to the estate agent for more information*
Key Features
- Two bedrooms
- Open plan kitchen/dining area
- Downstairs WC
- Built-in storage
- Double glazing throughout
- Allocated parking for two cars
- Tenure:Leasehold (125 years from 12/07/2019)
- Share Available:75% (£123,750)
- Shared Ownership Rent:£99.99 per month (subject to annual review)
- Lease Management Fee:£23.46 per month (subject to annual review)
- Buildings Insurance:£8.50 per annum (subject to annual review)
- Council Tax:Band B, Preston City Council
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: B
Property Downloads
Key Information Document 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 75%, full price £165,000, £6,188 Min Deposit. Calculated using a representative rate of 5.03%
