2 bedroom apartment for sale
Chamomile Gardens - 1, SG18 8YZ
Share percentage 50%, full price £285,000, £7,125 Min Deposit.
Share percentage 50%, full price £285,000, £7,125 Min Deposit.
Monthly Cost: £1,644
Rent £297,
Service charge £535,
Mortgage £812*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
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 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 50%, full price £285,000, £7,125 Min Deposit. Calculated using a representative rate of 5.26%
