3 bedroom house for sale
Springbank View - 18, Old Gloucester Rd, GL51 0WS
Share percentage 40%, full price £335,000, £6,700 Min Deposit.
Share percentage 40%, full price £335,000, £6,700 Min Deposit.
Monthly Cost: £1,382
Rent £576,
Service charge £42,
Mortgage £764*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
Flooring included! The three-bedroom Falcon home is perfect for young families and couples seeking extra space.
Description
The three-bedroom Falcon home is perfect for young families and couples seeking extra space.
Flooring included in this home, giving you one less thing to worry about when you move in.
The cosy lounge is accessed from the hallway and provides plenty of room for the family to gather and relax. The open-plan kitchen has ample dining space and plenty of natural light from the French doors that open onto a private rear garden - perfect for entertaining family and friends on a sunny day. A guest cloakroom and essential storage cupboard complete the ground floor.
Upstairs features two double bedrooms, a stylish family bathroom and a single bedroom that could be used as an office for home working. We've also included more practical storage space so your beautiful home stays clutter-free.
Outside features driveway parking and gated access into a private turfed rear garden that includes a paved patio area.
Full house price: £335,000
Minimum share of 40%
40% share value £134,000*
5% minimum deposit: £6,700
Rent on remaining share: £453.75 pcm
Service charge: £42.47
*Share prices and purchases can range between 25%-75%, the above 40% is an average purchase percentage. Terms and conditions apply, please ask for details. Prices correct at time of publication.
Disclaimer:
*Interior images are suggestive of potential room designs and décor and not an exact reflection of each room layout. Please speak to a Sales Consultant to discuss the layout and other details of this home.
Key Features
- Energy-efficient home
- Fitted kitchen/dining with integrated appliances
- Guest cloakroom
- Useful storage cupboards
- Stylish family bathroom
- Driveway parking
- Turfed rear garden with shed
- 10-year New Home warranty
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor PlanMap
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 40%, full price £335,000, £6,700 Min Deposit. Calculated using a representative rate of 5.26%