3 bedroom house for sale
Price Close, Moston, Sandbach, CW11 3JY
Share percentage 50%, full price £250,000, £12,500 Min Deposit.
Share percentage 50%, full price £250,000, £12,500 Min Deposit.
Monthly Cost: £1,018
Rent £351,
Service charge £36,
Mortgage £631*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a Three Bedroom House on a Shared Ownership Basis
Description
A great chance to buy a three-bedroom, shared-ownership family home. This recently-constructed and immaculately-presented property has a spacious kitchen/dining room, a central cloakroom and a rear reception room. Patio doors lead out to a south-west-facing garden. On the first floor is a generously-sized bedroom, a smaller third double bedroom and a simple, modern bathroom. The top floor is devoted to a twenty-two-foot principle bedroom with fitted wardrobe and en-suite shower room. Well insulated walls, roof and floor, high performance glazing and gas central heating all contribute towards a very good energy-efficiency rating. The house comes with a parking space and is within comfortable walking distance or a brief bike ride of Sandbach Railway Station. The town centre is also within easy reach.
SHARED OWNERSHIP (Advertised price represents 50% share. Full market value £250,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://tinyurl.com/78ynmyyu]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Heylo. Heylo Housing requires that all applicants must have permanent rights to reside in the UK.
Tenure: Leasehold (125 years from 2021).
Minimum Share: 50% (£125,000).
Shared Ownership Rent: £351.02 per month (subject to annual review).
Service Charge: £35.66 per month (subject to annual review).
Guideline Minimum Income: Dual - £31,800 | Single - £38,100 (based on minimum share and 10% deposit).
Council Tax: Band D, Cheshire East Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
Key Features
- Guideline Minimum Deposit £12,500
- Guideline Income £31.8k Dual | £38.1k Single
- Three Storey, Three Bedroom, Mid Terrace House
- Approx. 1100 Sqft Gross Internal Area
- High Performance Glazing
- Bathroom, Shower Room and Cloakroom
- Parking Space
- South-West-Facing Rear Garden
Particulars
Tenure: Leasehold
Lease Length: 122 years
Council Tax Band: D
Property Downloads
Floor Plan BrochureMap
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 £250,000, £12,500 Min Deposit. Calculated using a representative rate of 4.59%
