Share percentage 35%, full price £215,000, £3,763 Min Deposit.
Monthly Cost: £778
Rent £320,
Service charge £29,
Mortgage £429*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
You may be eligible for this property if:
You have a gross household income of no more than £80,000 per annum.
You do not already own a home or you will have sold your current home before you purchase or rent.
You must be at least 18 years old.
Summary
2 bedroomed semi detached house
Description
The Lincoln is a two bedroom, semi-detached home and is the ideal space for all kinds of home-buyers. Including first-time buyers, those looking to downsize and those with growing families.
The ground floor of The Hereford consists of a spacious hallway with a staircase leading up to the first floor and a downstairs WC. There is also a kitchen at the front of the home as well as a large living area/dining area featuring French doors connecting you to the private turfed garden.
Upstairs there are two generously-sized bedrooms, with bedroom one having a built-in wardrobe. There is also a storage cupboard and a family bathroom with a shower over bath.
Key Features
- Modern kitchens with integrated oven, hob and extractor
- 2 double
- Lounge with patio door leading to the garden
- Downstairs WC
- Family Bathroom
- Enclosed turfed rear garden
- Private driveways or allocated parking spaces
- 10 year build warranty
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan BrochureMap
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 35%, full price £215,000, £3,763 Min Deposit. Calculated using a representative rate of 5.26%
Platform Home Ownership
