1 bedroom apartment for sale
178 Queensway Court, CV31 3LS
Share percentage 50%, full price £185,000, £4,625 Min Deposit.
Share percentage 50%, full price £185,000, £4,625 Min Deposit.
Monthly Cost: £1,322
Rent £400,
Service charge £407,
Mortgage £515*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
**OVER 55 Apartment** This apartment is located on the third floor in a four storey block of apartments.
Description
Accommodation
Third Floor: Entrance Hallway, Kitchen, Living Room, One Bedrooms & Wet Room/WC.
External:Communal gardens, communal car parking and a balcony.
Purchase Information
For Sale is a 50% share of the property for £92,500 with an additional monthly charge of £806.42 which includes Rent, Service Charge, Supporting People and Water Rates.
Location
This property is positioned in a residential area and is a distance of approximately 1.9 miles of Royal Leamington Spa town centre.
Additional Information
Queensway Court comprises a development of 178 one and two bedroom apartments specifically designed for the over 55’s. This development provides for ‘assisted living’ and there is an on-site manager, emergency help line together with additional care and assistance available. Communal facilities include coffee shop, reception, laundry, hairdresser, communal lounge and gardens.
If you require any further information or wish to arrange a viewing, please contact Orbit Home Ownership Services using the details provided.
Particulars
Tenure: Not specified
Council Tax Band: B
Map
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 £185,000, £4,625 Min Deposit. Calculated using a representative rate of 5.03%