2 bedroom apartment for sale
Acorn Gardens, PL7 4NJ
Share percentage 40%, full price £150,000, £6,000 Min Deposit.
Share percentage 40%, full price £150,000, £6,000 Min Deposit.
Monthly Cost: £731
Rent £326,
Service charge £101,
Mortgage £304*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Who is it for?
- As long as you are over 18
- Your household income is less than £80,000
- And you don’t already own a home at the time of buying your Shared Ownership property
… then Shared Ownership could be right for you
Some properties may be bound by local connection restrictions in order to make them affordable for local customers. We'll let you know if there are any restrictions in place when you are searching for a property.
Summary
2 bed apartment for resale with Shared Ownership
Description
Acorn Gardens is a short 5-minute walk to the main bus route to the city centre and is walking distance to Boringdon Primary, Heles School and Old Priory Primary School. There is green space around the property with benches which is maintained monthly and a newly installed door entry system.
A great sized kitchen/ living area with a Juliet balcony, a large storage cupboard and an integrated fan oven and washing machine. There is also attic space, a large communal area at the back of the property with bike racks and washing lines for shared use. The two well sized bedrooms were both recently decorated with a built-in wardrobe in the master bedroom. This is a top floor flat in a quiet, one story block so benefits from large Velux windows which allows lots of natural light to flood in.
Key Features
- Built in fan oven and washing machine
- Shared green space
- Secure, shared bike racks and washing lines
- Catchment area to Boringdon Primary School and Heles Secondary School
- 5 minute walk to bus stop for direct bus to the city centre
Particulars
Tenure: Leasehold
Lease Length: 83 years
Council Tax Band: B
Property Downloads
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 £150,000, £6,000 Min Deposit. Calculated using a representative rate of 4.64%
