Share percentage 40%, full price £240,000, £4,800 Min Deposit.
Monthly Cost: £1,109
Rent £402,
Service charge £160,
Mortgage £547*
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 are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
We are delighted to market this lovely 2 bedroom property.
Description
We are delighted to market this lovely 2 bedroom property. You are welcomed into a spacious hallway, providing 2 storage cupboards, allowing plenty of space for shoes and coats. The Kitchen and living area is open plan, providing the perfect space for hosting. The large living area is bright and welcoming space due to the juliet balcony and large windows. This open plan space allows you to create a separate dining area. The kitchen is modern with an integrated oven, hob and extractor fan. In addition, the kitchen provides you with plenty of storage and counter space for all your kitchen essentials. The apartment includes 2 double bedrooms, giving you the perfect space for all your furniture needs. The bathroom is modern with floor to ceiling tiles and rainfall shower over bath. Additionally, the property comes with an allocated parking space.
Key Features
The property has great transport links, with great access to the A13, M25 and the Southend to London Fenchurch Street C2C Line. It also is within easy reach of Purfleet Primary School and Lakeside Shopping Centre.
Particulars
Tenure: Leasehold
Lease Length: 105 years
Council Tax Band: C
Property Downloads
Key Information Document 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 £240,000, £4,800 Min Deposit. Calculated using a representative rate of 5.26%
