4 bedroom house for sale

Available

2 Seed Close, Paignton, Devon, TQ4 7WF

£150,000 · Shared Ownership New Build

Share percentage 40%, full price £375,000, £15,000 Min Deposit.

Available
4 bedrooms
Private Garden
Parking
£150,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 40%, full price £375,000, £15,000 Min Deposit.

Monthly Cost: £1,329
Rent £516, Service charge £39, Mortgage £774*

Calculated using a representative rate of 4.80%

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Eligibility
Plots 142 and 143 - Adaptable properties: The S106 states (5.1.2) that the properties must be occupied by Eligible Persons who are part of a household which includes a person who has a physical disability and/or a need for wheelchair access UNLESS otherwise agreed by the Affordable Housing Manager. Eligibility criteria: Please note that you will require a local connection as follows; Eligible Persons are persons: (i) identified by the Council as being on a low income and having low capital and who would be given reasonable preference for the offer of accommodation under Torbay Council’s allocation scheme, and (ii) who satisfy the requirements of BH2 of the Brixham Peninsular Neighbourhood Plan in that: a. they have had a minimum period of five (5) years in the last ten (10) years of permanent and continuous residence in the area of the Brixham Peninsula Neighbourhood Plan ('the Peninsula’); or b. they have lived in the Peninsula for at least five (5) years and whose parents or children are currently living in the Peninsula and have at least ten (10) years continuous residency; or c. they are a key worker as defined by the UK Government and are working within the Peninsula (iii) and if no person can be identified who satisfies all criteria, then they can satisfy (i) only.
Summary

4 bedroom semi-detached house, driveway parking, turfed rear garden

Description

Plots 142 and 143 - Adaptable properties:

The S106 states (5.1.2) that the properties must be occupied by Eligible Persons who are part of a household which includes a person who has a physical disability and/or a need for wheelchair access UNLESS otherwise agreed by the Affordable Housing Manager.

Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified

Property Downloads
Key Information Document
Map
Paignton (1.77 miles) Torquay (3.77 miles) Torre (4.50 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£150,000
Shared Ownership New Build
Estimated Monthly Cost:£1,329
Rent £516
Service Charge £39
Mortgage £774

Share percentage 40%, full price £375,000, £15,000 Min Deposit. Calculated using a representative rate of 4.80%


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Inglewood, Paignton, Devon TQ4 7SP
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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.