Share percentage 40%, full price £310,000, £6,200 Min Deposit.
Monthly Cost: £1,206
Rent £459,
Service charge £40,
Mortgage £707*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Who is it for?
As long as you are over 18
Your household income is less than £80,000
And you don’t already own a home at the time of buying your Shared Ownership property
… then Shared Ownership could be right for you
A local connection to Dorset is required.
Summary
3 Bed House for Resale in Stalbridge
Description
This semi-detached home is ideal for families and those looking to get onto the property ladder.
On the ground floor you will find a modern, open plan kitchen/diner with double doors, a W/C opposite a spacious storage cupboard under the stairs and a family living room.
Upstairs includes a large master bedroom with a built-in double wardrobe. A modern family bathroom, as well as a second double bedroom and a single room.
Outside has an enclosed garden with a patio area and storage shed.
The property has two allocated parking spaces just outside the back gate and is located on a quiet close near the local nature reserve and play park.
Key Features
- Open plan kitchen and dining area with double doors onlooking an enclosed garden
- Large master bedroom with built-in wardrobes
- Two allocated parking spaces
Particulars
Tenure: Leasehold
Lease Length: 122 years
Council Tax Band: C
Property Downloads
Floor Plan 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 40%, full price £310,000, £6,200 Min Deposit. Calculated using a representative rate of 5.26%