2 bedroom house for sale
Mara Drive, CW8 2FT
Share percentage 25%, full price £310,000, £7,750 Min Deposit.
Share percentage 25%, full price £310,000, £7,750 Min Deposit.
Monthly Cost: £963
Rent £539,
Service charge £31,
Mortgage £393*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Private driveway / Within build warranty / Close to Delamere train station / Good EPC rating
Description
Shared Ownership
Full Market Value: £310,000
Share Value (25%): £77,500
Monthly Rent: £ 538.69
Service Charge: £30.66
Council Tax Band: B
125 year lease commenced March 2022 - 122 years remaining
L&Q welcomes you to view this 2 bedroom semi-detached house.
This bright and spacious semi detached house consists of a stylish kitchen and living area, flooded with natural light. The kitchen is fitted with gloss units and a grey worktop. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob, extractor fan and dishwasher. Spacious main double bedroom. Bright and airy second double bedroom. The bathroom comes complete with a shower over bath and a tile surround. Two allocated parking spaces.
Delamere lies 10 miles east of Chester and provides a local shop, public house, parish primary school. There are more extensive facilities offered in nearby Kelsall, Frodsham, Tarporley, Northwich, Nantwich and Chester. Leisure facilities close to hand include Delamere Golf Course and the Outward Bound Centre and Go Ape. The area is noted for its natural beauty with the Sandstone Trail and Delamere Forest being nearby. Easily access is available to the M56 and the motorway network via junction 14. The A55 to North Wales, Liverpool and Manchester Airport are within easy reach.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £36,565. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.com and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of June 2024.
Key Features
- Within building warranty
- Downstairs WC
- Distance to nearest station
- Private driveway
- Long lease term
- Good EPC rating
Particulars
Tenure: Leasehold
Lease Length: 122 years
Council Tax Band: B
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 25%, full price £310,000, £7,750 Min Deposit. Calculated using a representative rate of 4.64%
