3 bedroom house for sale
16 Marazion Way, Pennycross, PL2 3FD
Share percentage 40%, full price £270,000, £108 Min Deposit.
Share percentage 40%, full price £270,000, £108 Min Deposit.
Monthly Cost: £1,082
Rent £321,
Service charge £50,
Mortgage £711*
Calculated using a representative rate of 6.24%
Calculate estimated monthly costs
To be eligible for Shared Ownership, you have to be:
Over the age of 18
Not currently own your property
And
Not earn more than £80000 (Total Household Income)
Meet the S106 Local Connection requirements (Where applicable)
You can apply online on the Westward website as well and register your interest in any properties that you are interested in.
Summary
Westward offer this 3-bedroom property in Marazion through Shared Ownership.
Description
Westward offer this 3-bedroom property in Marazion through Shared Ownership.
This property is a three storey, end terrace house in a quiet cul-de-sac
It has the benefit of two allocated parking spaces, with additional visitor spaces on the street, a nice sized south facing garden and large bedrooms.
the house is lovely friendly new build estate and is in a fantastic location, with great local parks and schools and is within 10-minute drive of the city centre.
*****The above information has been supplied to us by the current owner*****
Full Market Value: £270,000 (Two Hundred and Seventy thousand pounds).
Share: 40%
Share Price: £108,000 (One Hundred and Eight thousand pounds).
Monthly Rent: £321.21
Monthly Service Charge: £50.00
**** Length Of Lease: 116 Years ****
Please email [email protected] to arrange a viewing.
Key Features
Key Features
- Lounge/Diner
- Kitchen
- Bathroom
- 2nd WC
- 2 x Double Bedroom & 1 Single Bedroom
- Combi Boiler
- Double Glazing
- 2 Allocated Parking Spaces
- Garden
Particulars
Tenure: Leasehold
Lease Length: 116 years
Council Tax Band: C
Map
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 £270,000, £108 Min Deposit. Calculated using a representative rate of 6.24%
