2 bedroom house for sale
**OVER 55's** 34 Stracey Road, NR10 5ET
Share percentage 50%, full price £180,000, £4,500 Min Deposit.
Share percentage 50%, full price £180,000, £4,500 Min Deposit.
Monthly Cost: £501
Mortgage £501*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
This property is a two bed mid-terrace bungalow
Description
Accommodation
Ground Floor: Kitchen, Living Room, Two Bedrooms, and a Bathroom/W/C
External: Front and Rear Gardens.
Location
This Over 55's property is positioned in a residential area and is approximately 0.2 miles of local amenities.
Key Features
Purchase Information
For Sale is a 50% share of the property for £90,000 with an additional monthly charge of £179.06 which includes Rent, Service Charge, Insurance and Management Charge.
Additional Information
If you require any further information or wish to arrange a viewing, please contact Orbit Home Ownership Services using the details provided.
Rent review information
As of 01/04/24 the property charges will change due to Orbit’s Rent Review 2024. Therefore, the monthly rent will be £141.19 and the monthly service charges will be £63.17.
Particulars
Tenure: Not specified
Council Tax Band: A
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a - Private Garden
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £180,000, £4,500 Min Deposit. Calculated using a representative rate of 5.03%
