2 bedroom apartment for sale
7 Meadow Court, Pewsey, SN9 5AH
Share percentage 70%, full price £142,857, £5,000 Min Deposit.
Share percentage 70%, full price £142,857, £5,000 Min Deposit.
Monthly Cost: £858
Service charge £301,
Mortgage £557*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
To be eligible for this property you must be over 55, have a care need, afford to purchase the share/property and have a local connection to Wiltshire
Summary
7 Meadow Court is a charming extra care housing development set within the delightful village of Pewsey,
Description
This property has a secure entry system, entrance lobby and communal lounge. The entrance hall is carpeted. There is a buzzer system to allow visitors into the main entrance of the building.
A good sized lounge/diner that has been carpeted, two electric heaters, a telephone point, television point, three UPVC windows including 1 bay window and an entrance through to the open plan kitchen area. Fitted kitchen with a range of light wood effect base and wall units, stainless steel sink and draining board. Situated within the kitchen is the integral fridge/freezer, an electric hob and oven. You will have space and plumbing for a washer/dryer. The flooring in laid to lino. A double bedroom that has been carpeted throughout, has one UPVC bay window and a television point. The second bedroom is the smaller of the two bedrooms, this room features a double fitted wardrobe along one wall, has been carpeted throughout and has one UPVC window. Partially tiled wet room comprising of the WC, hand basin with mirror over, electric shower and shower curtain.
Communal gardens to the front and rear of this ground floor flat and visitor parking spaces.
Council Tax Banding: C
Remaining Lease Term: 85 years
To be eligible for this property you must be over 55, have a care need, afford to purchase the share/property and have a local connection to Wiltshire
*While we endeavour to make our property descriptions and plans fair, accurate and reliable, they are only a general guide to the property and may be subject to change. Accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. Shared ownership homes are bought as leasehold properties, for more information speak to our team. Service charges and rent payable on the unsold equity of this property will be reviewed annually with any changes coming into effect on the 1st April each year. Your home may be at risk of repossession if you don't maintain your mortgage and rental payments.*
Key Features
- Extra Care Housing Development For The Over 55's
- Two Bedrooms
- Wet Room
- Allocated Parking
- A Local Connection to Wiltshire Is Required
- Lease Length: 85 years
- Older Persons Older Shared Ownership Model
- 70% share £120,000
- Monthly service charges £300.74
Particulars
Tenure: Leasehold
Lease Length: 85 years
Council Tax Band: C
Property Downloads
Key Information Document 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 70%, full price £142,857, £5,000 Min Deposit. Calculated using a representative rate of 5.03%
