2 bedroom house for sale

Under Offer

Rosehip Close, RM3 8RY

£95,000 · Shared Ownership Resale

Share percentage 25%, full price £380,000, £4,750 Min Deposit.

Under Offer
2 bedrooms
2 Bathrooms
Parking
£95,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 25%, full price £380,000, £4,750 Min Deposit.

Monthly Cost: £1,252
Rent £622, Service charge £101, Mortgage £529*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Eligibility

You may be eligible for this property if:

  • You are currently a Havering Resident, please note that we are not able to offer this property to any residents outside of The London Borough of Havering.
  • You have a gross household income of no more than £90,000 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.
  • Priority given to Armed Forces personnel or former Armed Forces personal honourably discharged within the past 2 years.

Please be advised that if all applicants meet the criteria above the property will be offered on a first come first serve basis, this means that the first eligible applicant who submits an application will be nominated as the buyer. If you have previously applied for property through The London Borough of Havering you will need to submit a new application for each new property advertised.

Summary

2 Bedroom Mid-Terrace House

Description

Well presented 2 bedroom mid-terrace house now available.

Full price - £380,000, available with minimum of a 25% share up to a maximum of a 75% share.

Key Features
  • Off street parking for1 car and visitor spaces available subject to availbility
  • Garden
  • Two double Bedrooms
  • Downstairs WC
  • Upstairs Family Bathroom
  • Good bus links to Romford Town Centre and Station
  • Property newly built in 2018
Particulars

Tenure: Leasehold
Lease Length: 119 years
Council Tax Band: C

Property Downloads
Energy Certificate
Map
Harold Wood (1.04 miles) Gidea Park (1.33 miles) Emerson Park (2.20 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.

£95,000
Shared Ownership Resale
Estimated Monthly Cost:£1,252
Rent £622
Service Charge £101
Mortgage £529

Share percentage 25%, full price £380,000, £4,750 Min Deposit. Calculated using a representative rate of 5.03%


London borough of Havering
View properties by this developer
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.