2 bedroom apartment for sale

Under Offer

Chain Court, Swindon, SN1 4GW

£58,000 · Shared Ownership Resale

Share percentage 40%, full price £145,000, £2,900 Min Deposit.

Under Offer
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£58,000 Shared Ownership Resale

Share percentage 40%, full price £145,000, £2,900 Min Deposit.

Monthly Cost: £734
Rent £238, Service charge £173, Mortgage £323*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

£
Summary

A 2 bed shared ownership property available in Swindon, Wiltshire

Description

This stylish, bright & spacious two-bedroom flat is now available in Swindon through Shared Ownership.

Located on the first floor and just 4 minutes from Swindon town centre, this conveniently located flat comprises of an expansive living room, a private entrance hall, 2 bedrooms, a kitchen, 1 bathroom and storage cupboards. Allocated parking and communal spaces are also included. The flat is located within a three-story building with a communal entrance lobby.

Minimum income required: £23,314

This is reduced if a larger deposit is available.

More shares can be purchased, from a minimum of 5%.

Available for £58,000 for 40% share based on the marketing figure of £145,000.

Monthly rent - £237.79
Monthly Service Charge - £173.32
Total Monthly Charge - £411.11 plus mortgage required for 40% share.

An annual rent increase takes place every April

Location

Local amenities include:

The Brunel Shopping Centre (25 minute walk/ 6 minute drive)

A selection of pubs, bars and restaurants (7 minute drive/ 20 minute walk)

Swindon town centre (4 minute drive/ 8 minute cycle)

A convenience store (1 minute walk)

Swindon train station (10 minute drive)

Swindon bus station (9 minute drive)

Designer Outlet Swindon (6 minute drive)

Mannington Recreation Ground (8 minute drive/ 17 minute cycle)

Town Gardens and Town Gardens Cafe (15 minute walk)

Sainsbury's (10 minute drive)

EPC rating

EPC rating - B

Lease information

Years remaining on lease: 973

In certain cases, 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.

Key Features
    Particulars

    Tenure: Not specified
    Council Tax Band: Not specified

    Property Downloads
    Floor Plan
    Map
    Swindon (1.02 miles) Kemble (13.16 miles) Pewsey (14.44 miles)
    Monthly Cost Calculator

    The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

    Read More Read Less
    • 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.

    £58,000
    Shared Ownership Resale
    Estimated Monthly Cost:£734
    Rent £238
    Service Charge £173
    Mortgage £323

    Share percentage 40%, full price £145,000, £2,900 Min Deposit. Calculated using a representative rate of 5.03%


    Disclaimer
    The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.