2 bedroom house for sale
Wheatear Road, Yatton, BS49 4FR
Share percentage 40%, full price £280,000, £5,600 Min Deposit.
Share percentage 40%, full price £280,000, £5,600 Min Deposit.
Monthly Cost: £936
Rent £276,
Service charge £36,
Mortgage £624*
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
Spacious and modern two-bedroom semi-detached house now available in North End, south of Bristol, through Shared Ownership.
The property comprises a living room, a separate kitchen and a small toilet on the ground floor, and two bedrooms with a shared bathroom upstairs. This could be ideal for a family or a couple.
The house is of relatively modern construction (circa 2016) and also has a large private rear garden.
Key Information Document
Available for £112,000 for 40% share based on the marketing figure of £280,000.
Monthly rent - £276.44
Monthly Service Charge - £35.86
Total Monthly Charge - £312.30 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationThe property is located on the edge of a more recently constructed residential development on the outskirts of Yatton.
The railway station is less than 15 minutes away, where a direct train can lead to Bristol in half an hour or London in over two hours.
Road travel is also convenient, thanks to the M5 motorway nearby.
Some schools are available in the area, as well as many peaceful green and rural surroundings.
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 117
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
- Private rear garden
- Modern construction (ca. 2016)
- Great transport links
- 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 £280,000, £5,600 Min Deposit. Calculated using a representative rate of 5.03%
