2 bedroom house for sale
40 Old School Mead, Victoria Road, B50 4AW
Share percentage 50%, full price £225,000, £5,625 Min Deposit.
Share percentage 50%, full price £225,000, £5,625 Min Deposit.
Monthly Cost: £983
Rent £336,
Service charge £20,
Mortgage £627*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
This property is a terrace house.
Description
Accommodation
Ground Floor: Entrance Hall/Stairs, Kitchen, Living Room with French doors to the Conservatory and a Guest Cloakroom/WC.
First Floor: Landing, Bedroom One with En suite Shower room, Bedroom Two and a Bathroom/WC.
External: Allocated parking spaces and lawned gardens.
Location
Bidford-on-Avon lies approximately nine miles west of the popular and historic market town of Stratford upon Avon. The village offers a reasonably level of local facilities for its size including a supermarket, petrol station, small retail shops and restaurants, two public houses, primary school, church, and village hall. Stratford upon Avon is host to a wider range of retail, health, education, and leisure amenities. The village lies some twenty five miles south of Birmingham and is also within commuting distance of all the other major commercial centres of the Midlands. Access to the motorway network can be gained at Warwick for the M40 and Tewksbury or Worcester for the M5. The nearby village of Honeybourne or the town of Evesham provide a direct service to London Paddington.
Old School Mead comprises a small residential development on the site of the former secondary school on the western side of Victoria Road built in 2006 lying to the west of the centre of the village of Bidford-on-Avon. The development comprises a mixture of two and three storey terraced semi-detached and detached houses and block of flats of similar styles and ages.
Key Features
Purchase Information
For Sale is a 50% share of the property for £112,500.00 with an additional monthly charge of £356.83 which includes Rent and Insurance.
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 50%, full price £225,000, £5,625 Min Deposit. Calculated using a representative rate of 5.03%
