Share percentage 40%, full price £245,000, £4,900 Min Deposit.
Monthly Cost: £930
Rent £337,
Service charge £47,
Mortgage £546*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
2-bed semi-detached house
Description
Plot 17 The Deene is a 2-bedroom home, ideal for first time buyers.
The living room is situated at the front of the house. There is a cloakroom and a handy under stairs storage cupboard leading from the living room into the kitchen.
The kitchen comes with integrated appliances; stainless-steel single oven, induction hob & extractor fan and fridge/freezer. There are double doors from the dining area leading to the garden.
Upstairs are two double bedrooms, with a storage cupboard in bedroom 1.
The bathroom has contemporary white sanitaryware, a bath with a glass shower screen and Alto Ecotherm thermostatic shower, a heated chrome ladder radiator, mirror cabinet and shaver socket.
Carpets and Styletex Deluxe vinyl flooring are fitted throughout.
There is landscaping to the front garden and turf, paved patio, and 1.8m closeboard fencing to the rear garden.
Sold with two parking spaces. Anticipated build completion: December 2024/January 2025.
Tenure: Leasehold
Years remaining on lease: 125 years
Initial ground rent: £0.00
Annual Service charge: £301.00
Service Charge Review Period: April (annually)
Council Tax Band: C*
Predicted energy ratings - Energy Efficiency: B (90), Environmental Impact (CO2 rating):B (91)
*Please note this an estimated Council Tax Band and it will be confirmed by the local authority on completion of the property.
Images shown are of typical Orbit show homes and are for illustrative purposes only.
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan BrochureMap
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%