Share percentage 40%, full price £255,000, £5,100 Min Deposit.
Monthly Cost: £944
Rent £351,
Service charge £25,
Mortgage £568*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Eastlight considers applications on a first come first served basis.
Serving members of the British Armed Forces and those honourably discharged in the last two years are considered a priority group.
Surviving partners of regular service personnel who have died in service and have applied within two years of the bereavement are also considered a priority.
All applicants will need to pass an affordability check, a link to which will be supplied once interest is registered.
Summary
Three x 2 bed terraced houses - RESERVE NOW!
Description
Eastlight are proud to offer a collection of energy efficient homes, at the Aspen Grange site in Stowmarket, for purchase under the shared ownership scheme.
Site is just a 5 minute drive toStowmarkettrain station. The A14 trunk road is within easy reach, forBury St Edmunds,Ipswichand routes intoEssexand London via the A12.
The Suffolk coastline is just over an hour away by road and there are plenty of open green spaces at your doorstep for when you want to stretch your legs.
You’ll find a large selection of schools in the area, with options for all ages.
Enquire now to apply for these stylish,energy-efficientbrand new homes now.
Please note that we are taking reservations off plan and prioritising on a first come first serve basis - viewings are available once handover has taken place (currently expected in November 2024 for the first phase 6 x 2 bed properties - plots 154 to 160).
NOTE: to apply for one of these properties you are required to complete your initial sustainability assessment with our independent financial advisors, Censeo. You can register with Censeo via their website-Censeo Financial (censeo-financial.com)
N.B. This scheme falls under the new shared ownership lease model - please ensure you read the KID document for all the detail, issued when you register your interest.
*Please be advised all images are for illustrative purposes only.*
*All service charges are estimated.*
Key Features
- Integrated oven, hob and hood
- 600mm space for fridge/freezer
- 600mm space for washing machine
- Vinyl flooring provided to kitchen & bathroom
- £1,500 incentive towards flooring/carpeting for the remainder of the property
- 2 allocated parking spaces per property
Please note that should any difficulties occur sourcing these items or colour choices during the build programme substitutes will be made and approved by our development team. Items will be matched as close as possible to the original specification.
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor Plan BrochureMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes
Outside Space/Garden: n/a - Private Garden
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £255,000, £5,100 Min Deposit. Calculated using a representative rate of 5.03%
Eastlight Community Homes
.pdf "Floor Plan")