3 bedroom house for sale

Available

Plot 70, B63 2NP

£68,750 · Shared Ownership New Build

Share percentage 25%, full price £275,000, £3,438 Min Deposit.

Available
3 bedrooms
1 Bathroom
Private Garden
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£68,750 Shared Ownership New Build

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

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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.

Particulars

Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Cradley Heath (0.60 miles) Lye (0.89 miles) Old Hill (1.79 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.

£68,750
Shared Ownership New Build
Estimated Monthly Cost:£816
Rent £378
Service Charge £46
Mortgage £392

Share percentage 25%, full price £275,000, £3,438 Min Deposit. Calculated using a representative rate of 5.26%


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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.