2 bedroom house for sale
Says Path, Langford, BS40 5AN
Share percentage 40%, full price £275,000, £5,500 Min Deposit.
Share percentage 40%, full price £275,000, £5,500 Min Deposit.
Monthly Cost: £822
Rent £160,
Service charge £49,
Mortgage £613*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Bristol, North Somerset
Description
Bright and modern semi-detached house now available in Bristol through Shared Ownership.
The property comprises a large living room, a separate kitchen with a breakfast area, and a small toilet on the ground floor. Upstairs there are two bedrooms and a bathroom. This could be ideal for a family.
The house was built circa 2019 and has allocated parking spaces for two cars.
Key Information Document
Available for £110,000 for 40% share based on the marketing figure of £275,000.
Monthly rent - £160.28
Monthly Service Charge - £48.50
Total Monthly Charge - £208.78 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationThe property is in a tranquil small town in Langford, just south of Bristol. The A38 highway connects the nearby towns.
Bristol can be reached in out 40 minutes, and the airport is only about 10 minutes away, convenient for national and international travel.
There are a couple of schools in the area, as well as plenty of green and country fields or parks.
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 120
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 semi-detached house
- Modern construction (2019)
- Two toilets
- 2 allocated parking spaces
- Available for 40% 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 40%, full price £275,000, £5,500 Min Deposit. Calculated using a representative rate of 5.03%
