3 bedroom house for sale
Plot 31, Park Lane, Halesowen, B63 2NP
Share percentage 25%, full price £275,000, £3,438 Min Deposit.
Share percentage 25%, full price £275,000, £3,438 Min Deposit.
Monthly Cost: £816
Rent £378,
Service charge £46,
Mortgage £392*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
Welcome to The Cedar, our latest 3-bedroom home that offers a welcoming, versatile and functional space. This home is ideal for couples and families looking for room to grow.
Description
Welcome to The Cedar, our latest 3-bedroom home that offers a welcoming, versatile and functional space. This home is ideal for couples and families looking for room to grow.
A welcoming hallway greets you when you enter this home, leading you to a wrap-around fully fitted kitchen, which benefits from an integrated oven and hob for cooking those all important family meals. Continuing through the hallway you will find a bright and airy open-plan lounge with dining area, creating the perfect space to unwind in after a long day and entertain visiting guests. From the lounge, you can access the private rear garden through double French doors, making a seamless transition between indoor living and enjoying an outdoor space on warmer days.
A guest cloakroom and essential under-stairs storage completes the ground floor.
Upstairs you will find two double bedrooms, a single bedroom which could be used as an office for remote workers, a nursery for little ones or a guest bedroom. A family bathroom completes the upstairs.
The Cedar also comes with allocated parking spaces and a turfed rear garden.
- Full house price: £275,000
- Minimum share of 40%
- 40% share value £110,000*
- 5% minimum deposit: £5,500
- Service charge: £45.51
* 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 and integrated wrap-around kitchen
- Open-plan lounge with dining area
- Guest cloakroom
- Private rear turfed garden
- Allocated parking
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: Not specified
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 25%, full price £275,000, £3,438 Min Deposit. Calculated using a representative rate of 5.26%