Share percentage 35%, full price £510,000, £8,925 Min Deposit.
Monthly Cost: £1,801
Rent £760,
Service charge £47,
Mortgage £994*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
Turfed garden and two parking spaces
Description
Featuring an open-plan living / dining room with doors out to your turfed back garden. The separate kitchen is fitted with an oven, hob, fridge freezer, dishwasher and washing machine. On this floor, you’ll also find a downstairs WC and storage cupboards.
Upstairs, there are two double bedrooms, and a bathroom which has a modern, white suite.
Flooring is included throughout your home and you'll also have two parking spaces.
Key Features
- Service charge is reviewed once a year
- Integrated fridge freezer, dishwasher and washing machine
- Open-plan living / dining room
- Downstairs WC
- Turfed back garden
- Your own parking spaces
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor PlanVirtual Tour
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 £510,000, £8,925 Min Deposit. Calculated using a representative rate of 5.03%
