2 bedroom house for sale
2 English Close, Stowmarket, IP14 1RP
Share percentage 40%, full price £245,000, £4,900 Min Deposit.
Share percentage 40%, full price £245,000, £4,900 Min Deposit.
Monthly Cost: £965
Rent £359,
Service charge £60,
Mortgage £546*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
This property is a two bedroom end terrace house.
Description
Accommodation
Ground Floor: Entrance Hall/Stairs, Kitchen, Living Room.
First Floor: Landing, Two Bedrooms, and a Bathroom/WC.
External: Garden areas to the front and rear of the property, and there is one allocated parking space.
Location
This property is positioned within a well-established residential location within the town of Stowmarket. There are education and sports facilities nearby.
Key Features
Purchase Information
For Sale is a 40% share of the property for £98,000.00 with an additional monthly charge of £419.17 which includes Rent, Service Charge, Insurance and Management Charge.
Additional Information
If you require any further information or wish to arrange a viewing, please contact Orbit Home Ownership Services using the details provided.
Particulars
Tenure: Not specified
Council Tax Band: B
Map
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 £245,000, £4,900 Min Deposit. Calculated using a representative rate of 5.03%
