2 bedroom house for sale
Whitchurch Road, Fleet, GU51 1ED
Share percentage 50%, full price £400,000, £10,000 Min Deposit.
Share percentage 50%, full price £400,000, £10,000 Min Deposit.
Monthly Cost: £1,673
Rent £511,
Service charge £48,
Mortgage £1,114*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Fleet, Hampshire
Description
A two-bedroom end-of-terrace house is now available through Shared Ownership. The property comprises ground floor level with an entrance hall, cloakroom with WC, a living room and a separate kitchen. The second floor comprises two bedrooms, a bathroom with WC, and a landing with an airing cupboard. The property also benefits from a small private front garden and a large rear garden and patio. Two allocated parking spaces.
Available for £200,000 for 50% share based on the marketing figure of £400,000.
Monthly rent - £510.93
Monthly Service Charge - £48.41
Total Monthly Charge - £559.34 plus mortgage required for 50% share.
An annual rent increase takes place every April
Lease informationYears remaining on lease: 82
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.
Other informationKey Features
- Two-bedroom end-of-terrace house
- Private rear and front garden
- Two floors
- Allocated parking spaces
- Available for 50% share
- 5% minimum reposit 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 50%, full price £400,000, £10,000 Min Deposit. Calculated using a representative rate of 5.03%