2 bedroom house for sale
Gauting Road, Patchway, BS34 5UN
Share percentage 50%, full price £295,000, £7,375 Min Deposit.
Share percentage 50%, full price £295,000, £7,375 Min Deposit.
Monthly Cost: £1,152
Rent £304,
Service charge £26,
Mortgage £822*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Bristol, South Gloucestershire
Description
Modern & spacious two-bedroom end-of-terrace house now available in Charlton Hayes, Bristol, through Shared Ownership.
The property comprises a wide living room, an open-plan fitted kitchen, and a small toilet on the ground floor. Upstairs are the two bedrooms with an additional bathroom. This could be ideal for a small family.
The house is of newly built construction (circa 2019); it has allocated parking space up front and a spacious private rear garden.
Available for £147,500 for 50% share based on the marketing figure of £295,000.
Monthly rent - £303.56
Monthly Service Charge - £25.97
Total Monthly Charge - £329.53 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThe property sits in a tranquil residential area in Charlton Hayes and is just minutes from the shopping centre, where a supermarket and a wide range of shops are available.
There are convenient travel links around the area. The railway station of Patchway is just over a mile away, while the motorways M5 and M4 are just a few minutes drive away.
There are several parks and golf courses nearby as well as plenty of schools, many of which are within walking distance.
EPC ratingEnergy rating band - B
Lease informationYears remaining on lease: 121
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
- Two-bedroom end-of-terrace house
- Modern building (2019)
- Private rear garden
- Allocated parking
- Available for 50% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
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 50%, full price £295,000, £7,375 Min Deposit. Calculated using a representative rate of 5.03%
