3 bedroom house for sale
New Court Edge, Ikea Way, EX2 7RC
Share percentage 25%, full price £435,000, £10,875 Min Deposit.
Share percentage 25%, full price £435,000, £10,875 Min Deposit.
Monthly Cost: £1,352
Rent £748,
Service charge £55,
Mortgage £549*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Maximum joint household income £80,000 per annum
Not own another property at the time of purchase
Unable to afford to buy the property on the open market
Summary
New Build Shared Ownership Homes Ready to Move in in Autumn
Description
Plot 110, The Spruce, is a stunning, double fronted, two storey home offering 1,100 sq ft of space, that provides high quality finishes and space for you and your family. Downstairs you will benefit from a spacious kitchen/dining room, with a separate utility room from the kitchen. The other side of the hall has a spacious lounge with access to your garden via French doors.
On the first floor there is a main bedroom which benefits from an en-suite with shower and an additional double bedroom and further third bedroom.
You can be confident that all Places for People homes at Newcourt Edge have been built to a high-quality specification and premium finish. The Poplar features Moores kitchen, Indesit appliances, Sandringham bathrooms and turfed gardens. For more information, please speak to our sales team.
This home is available to purchase via the Shared Ownership scheme. The full market value of this property is £435,000 Before committing to buy a Shared Ownership property, we recommend you take independent legal and financial advice.
Key Features
Double Fronted
En-Suite to Main Bedroom
Turf to Garden
Utility Room
Appliances
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor PlanMap
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 25%, full price £435,000, £10,875 Min Deposit. Calculated using a representative rate of 4.59%
