2 bedroom house for sale
Butcher Drive, Godmanchester, PE29 2NL
Share percentage 40%, full price £280,000, £5,600 Min Deposit.
Share percentage 40%, full price £280,000, £5,600 Min Deposit.
Monthly Cost: £1,093
Rent £429,
Service charge £24,
Mortgage £640*
Calculated using a representative rate of 5.29%
Calculate estimated monthly costs
People from all walks of life can buy a shared ownership home. You’re probably eligible if:
Your annual gross household income is less than £80,000
You do not currently own a home which was purchased on the open market
You have no outstanding credit problems
Summary
2 bedroom semi-detached house in Godmanchester
Description
To the ground floor accomodation hall, lounge, kitchen dining room & WC
First floor has two spacious bedrooms, family bathroom with shower over the bath.
Open plan downstairs living with upgraded hard flooring, front garden upgraded to include sleepers and stone area, back garden has had small amount of decking added to accommodate shed to create open patio space, second bedroom newly decorated to include sage green panelling.Over the bed cupboards ONLY in front bedroom will remain in property. Shared driveway to accommodate 2 cars.
Ideal location being opposite Godmanchester Bridge Academy primary school and close to local amenities to include parks, local shop, hairdressers and charity shop.
Key Features
- Open plan living
- Upgraded flooring
- Off road parking
- Landscaped garden
Particulars
Tenure: Leasehold
Lease Length: 118 years
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 £280,000, £5,600 Min Deposit. Calculated using a representative rate of 5.29%
