2 bedroom apartment for sale
Niveus Walk, SP7 8FA
Share percentage 40%, full price £200,000, £8,000 Min Deposit.
Share percentage 40%, full price £200,000, £8,000 Min Deposit.
Monthly Cost: £729
Rent £275,
Service charge £50,
Mortgage £404*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
If you have a connection to Dorset you could be eligible for this fantastic 2 bedroom coach house
Summary
MOVE INTO YOUR NEW HOME NOW! An opportunity to purchase plot 146 The Ferne - A stunning 2 bedroom Coach House, Reserve NOW and receive a £1,500 CASH BACK on Completion. (T&C's apply*)
Description
NEW HOME READY NOW!
Receive £1,500 CASH BACK on completion (T&C's -To qualify buyer must fully reserve by end of October 2024 and exchange within 6 week deadline as set by Sovereign)
Plot 146 'The Ferne' is a beautifully designed, two-bedroom coach house located in the sought-after Niveus Walk development by David Wilson Homes near the picturesque town of Shaftesbury. This unique property combines modern living with practical features, ideal for first-time buyers, couples, or small families looking for a comfortable home in a tranquil setting.
In brief…
Bedrooms: The property features two generously sized double bedrooms, providing ample space for relaxation and rest. Each bedroom is designed to maximize natural light, with room for wardrobes and additional furniture.
Living and Dining Area: Upon entering the first floor, you are welcomed into a spacious open-plan living and dining area. This versatile space is perfect for entertaining guests or enjoying family time, with a layout that allows for a variety of furniture arrangements.
Kitchen: Separate from the living and dining area, the kitchen is thoughtfully designed with modern cabinetry, worktops, and integrated appliances. It provides a functional cooking area with plenty of storage and preparation space.
Family Bathroom: The property includes a contemporary family bathroom, equipped with a bath/shower, wash basin, toilet, and quality fixtures and fittings. The neutral décor allows for personalization and adds to the overall elegance of the space.
Measurements
Carport and Storage
Stairs to first floor
Open plan living/dining room - 15.7 x 18.0
Kitchen - 12.4 x 6.2
Family bathroom
Bedroom 1 - 10.5 x 11.4
Bedroom 2 - 10.5 x 8.5
What is Shared Ownership?
Shared Ownership is a great scheme where, if you are unable to afford on the open market, you can purchase a part of the property, in this case from 50%, and pay rent at an affordable rate for the bit you don't own. It also means that you only need to find the deposit for the home on the share you are purchasing. Larger shares are available up to 75% as your first purchase and later you may be able to Staircase (buy more shares) all the way up to 100%. It is a great way to get on or stay on the housing ladder if buying outright is not an option for you at the moment. You can purchase a Shared Ownership home with the use of a mortgage or with cash such as savings or equity from the sale of your current home.
Eligibility
You must be able to prove you have a local connection to Dorset (Poole, Bournemouth and Christchurch will not qualify) contact us for full eligibility details.
" your household income is £80,000 or less
" you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
" you're a first-time buyer
" you used to own a home but cannot afford to buy one now
" you're forming a new household - for example, after a relationship breakdown
" you're an existing shared owner, and you want to move
" you own a home and want to move but cannot afford to buy a new home for your needs OFFICIAL
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
Key Features
Coach House
Brand New Home Available NOW
40% Shared Ownership
Local Connection to DORSET
Close to Shaftesbury
Open Plan Living
Parking
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Map
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
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 £200,000, £8,000 Min Deposit. Calculated using a representative rate of 4.59%
