2 bedroom apartment for sale

Available

Chamomile Gardens - 9, SG18 8YZ

£142,500 · Shared Ownership New Build

Share percentage 50%, full price £285,000, £7,125 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Balcony/Terrace
Accessible
£142,500 Shared Ownership New Build

Share percentage 50%, full price £285,000, £7,125 Min Deposit.

Monthly Cost: £1,626
Rent £297, Service charge £535, Mortgage £794*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Summary

Apartments set within a safe and secure environment, an environment which fully supports independent living. But if/when access to extra care/support.

Description

Exclusively for the over 55s, this independent living building offers the following benefits for all residents:

  • Balcony
  • Underfloor central heating throughout
  • Wet room
  • Luxurious Lounge, with tea/coffee room adjacent
  • Cinema Room, with tea/coffee room adjacent
  • Therapy Room
  • Extensive landscaped gardens with seating areas and raised planting beds
  • Laundry room (although each apartment has a washing machine plumbed in ready)
  • Barber shop and Osteopath Clinic on site, both also open to the general public
  • Three lifts

    For sale - 25 two bed shared ownership apartments ** only 4 apartments still available

Priced from £144,000 based on minimum 50% share purchase.
Maximum purchase 75% although can purchase remaining 25% share after first 12 months

For rent - 68 x 1 & 2 bedroom flats (all allocated, waiting list only)

Applications are required to be via Central Bedfordshire Council, preference given to applicants with a Local connection to Biggleswade

Additionally, applicants with a care need will be given priority.

A monthly service charge is applicable, with a weekly charge to Central Bedfordshire towards a care team being present on site 24/7. If a care/support need required, costs would be agreed with Central Bedfordshire Care Team

Particulars

Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: B

Property Downloads
Brochure Energy Certificate
Map
Biggleswade (1.82 miles) Sandy (4.06 miles) Arlesey (4.28 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.

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  • 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.

£142,500
Shared Ownership New Build
Estimated Monthly Cost:£1,626
Rent £297
Service Charge £535
Mortgage £794

Share percentage 50%, full price £285,000, £7,125 Min Deposit. Calculated using a representative rate of 5.03%


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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.