3 bedroom house for sale
Waller Close, Haslington, CW1 5AN
Share percentage 50%, full price £210,000, £5,250 Min Deposit.
Share percentage 50%, full price £210,000, £5,250 Min Deposit.
Monthly Cost: £962
Rent £348,
Service charge £16,
Mortgage £598*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
Summary
This superb modern home is available to buy from as little as £105,000 with a 50% share!
Description
Shared Ownership
This superb modern home is available to buy from as little as £105,000 with a 50% share!
This beautiful semi detached home is being sold ‘chain-free’ and features a large kitchen/diner across the back of the house with a separate living room, ground floor cloakroom, three bedrooms (en suite to bedroom one), family bathroom, off road parking and an enclosed rear garden.
Haslington village has always proved to be a popular location and contains a range of day to day facilities including a bakery, news agents, hair dressers, public houses, two highly regarded primary schools. Sandbach town centre is approximately 4 miles and contains a more exclusive range of amenities including some brand stores i.e. Waitrose along with various coffee shops, cafés and boutiques. The larger business centre of Crewe is 3 miles and contains a fast intercity railway network (London Euston 90 minutes, Manchester 40 minutes). The M6 motorway is accessible via Junction 16 or Junction 17.
PRICING & AFFORDABILITY
Full Market Value: £210,000
50% Share Price: £105,000 (rent £348.27pcm)
Minimum 5% Mortgage Deposit (50% share): £5,250
Approximate Service Charges: £16.30pcm*
Shared Ownership Lease: approx. 996 years
Council Tax Band: C
Key Features
Modern Shared Ownership home
En suite
Parking
Garden
Kitchen/diner
Easy access to Crewe & Sandbach
Particulars
Tenure: Leasehold
Lease Length: 996 years
Council Tax Band: C
Property Downloads
Floor PlanMap
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 50%, full price £210,000, £5,250 Min Deposit. Calculated using a representative rate of 5.26%
