2 bedroom house for sale
15 Orlando Road, , NN8 3AS
Share percentage 50%, full price £250,000, £6,250 Min Deposit.
Share percentage 50%, full price £250,000, £6,250 Min Deposit.
Monthly Cost: £1,048
Rent £286,
Service charge £50,
Mortgage £712*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
- Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
- You have a deposit of at least 5% of the share value
- You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
- This will be your only residence.
- You are a permanent UK resident or have indefinite right to remain.
Summary
New build 2 bedroom semi-detached house in the Wendel View development. The price advertised represents purchasing a 50% share of the home.
Description
About the Development
Why rent when you can buy? Being sold on a shared ownership basis, we welcome to the market these beautifully presented, one, two and three bedroom newly built homes on Barratt Homes’ Wendel View development located on the outskirts of Wellingborough.
Within walking distance to Sainsburys Supermarket, Bannatyne Health Club and pubs. Also a short drive away from Rushden Lakes Shopping and Leisure facilities with over 60 shops and restaurants to enjoy. This development also offers direct access onto the A509 and a short drive from Wellingborough train station with direct trains to London in under an hour.
About the Home
A wonderful two bedroom semi-detached house with an open plan kitchen/living/ dining room, three piece bathroom and spacious bedrooms with large windows for natural light & storage cupboards. The property is offered with two allocated parking spaces.
About the Area
Wellingborough is a large market and commuter town in the unitary authority area of North Northampton. This scenic development of new homes, which offers beautiful wrap around parkland for families to enjoy.
Explore the surrounding countryside, with Irchester Country Park and Sywell Country Park just a short drive away.
Within walking distance to Sainsburys Supermarket, Bannatyne Health Club and pubs. Also a short drive away from Rushden Lakes Shopping and Leisure facilities with over 60 shops and restaurants to enjoy. This development also offers direct access onto the A509 and a short drive from Wellingborough train station with direct trains to London in under an hour.
Shared Ownership
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. You can buy a minimum 25% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
T&Cs
*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.
*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change
Key Features
- Two parking spaces
- Open plan living
- Flooring throughout
- Shared Ownership scheme
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor Plan Energy CertificateMap
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, £6,250 Min Deposit. Calculated using a representative rate of 5.26%
