2 bedroom house for sale
Furze Close, CO11 2PW
Share percentage 35%, full price £305,000, £5,338 Min Deposit.
Share percentage 35%, full price £305,000, £5,338 Min Deposit.
Monthly Cost: £1,092
Rent £454,
Service charge £30,
Mortgage £608*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Eastlight considers applications on a first come first served basis. Serving members of the British Armed Forces and those honourably discharged in the last two years are considered a priority group. Surviving partners of regular service personnel who have died in service and have applied within two years of the bereavement are also considered a priority. All applicants will needto pass an affordability check, a link to which will be supplied once interest is registered.
Summary
LAST PLOT - Two Bedroom Semi-detached House - RESERVE NOW!
Description
*£500 incentive towards legal fees, if you use a solicitor from our recommended panel to purchase plot 48*
Eastlight Community Homes are proud to offer a collection of 2 bedroom houses in this phase of the Hopkins Homes development of River Reach in Mistley.
The charming and historic village of Mistley provides a sought after and ideal setting for this development, with excellent transport links for a perfectly balanced lifestyle.
This is the last 2 bedroom house for purchase under the shared ownership scheme which is available now for occupation.
Viewings can be arranged following a successful assessment with SRC Financial.
Enquire now with our shared ownership team, so you don't miss out!
In order to apply, please note that you are required to go through SRC, our independent financial advisors, for your initial sustainability assessment. You can register with them via this link -https://www.srcmortgagesolutions.com/
N.B. This scheme falls under the old shared ownership lease model - please ensure you read the KID document for all the detail, issued when you register your interest.
*Service charge is an estimate
**Images are used for illustrative purpose
Key Features
- *£500 incentive towards legal fees, if you use a solicitor from our recommended panel*
- Fitted kitchen
- Integrated Oven, Hob and Hood
- Carpet throughout property
- Vinyl to wet rooms and kitchen
- Turf to rear and front garden to be provided
- Two allocated parking spaces
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
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 35%, full price £305,000, £5,338 Min Deposit. Calculated using a representative rate of 5.26%
Eastlight Community Homes
