2 bedroom house for sale
Mortimer Avenue, Great Harwood, BB6 7FG
Share percentage 25%, full price £190,000, £4,750 Min Deposit.
Share percentage 25%, full price £190,000, £4,750 Min Deposit.
Monthly Cost: £655
Rent £356,
Service charge £59,
Mortgage £240*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a Two Bedroom House on a Shared Ownership Basis
Description
This smart, semi-detached house has a spacious and attractive kitchen/dining room with sleek, cream-coloured units. There is a central cloakroom, an under-stairs storage cupboard and a reception room with patio doors that open onto the rear garden. On the first floor are two generously-sized double bedrooms and a stylish, naturally-lit bathroom. Well insulated walls, roof and floor, high performance glazing and a modern gas central heating system have resulted in a very good energy-efficiency rating. The property comes with a two-car driveway and the local roads offer an easy route into Blackburn town centre as well as connecting to the M65/M6 motorways for travel further afield. Great Harwood has a range of shops, including a choice of supermarkets, within comfortable walking distance of Mortimer Avenue and the beautiful, green spaces of the Forest of Bowland are only a short drive away. Ofsted list five primary schools within a mile radius of Mortimer Avenue, all rated 'Good'.
SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £190,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://tinyurl.com/3fc76tbn]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Heylo. Heylo Housing requires that all applicants must have a permanent right to reside in the UK.
Tenure: Leasehold (125 years from 29/03/2019).
Minimum Share: 25% (£47,500).
Shared Ownership Rent: £356.24 per month (subject to annual review).
Service Charge: £58.61 per month (subject to annual review).
Guideline Minimum Income: Dual - £20,000 | Single - £21,300 (based on minimum share and 10% deposit).
Council Tax: Band B, Hyndburn Borough Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
Key Features
- Guideline Minimum Deposit £4,750
- Guide Min Income Dual £20k | Single £21.3k
- Two Storey, Two Bedroom, Semi Detached House
- Approx. 718 Sqft Gross Internal Area
- Bathroom plus Downstairs Cloakroom
- Very Good Energy-Efficiency Rating
- Rear Garden
- Driveway Parking
Particulars
Tenure: Leasehold
Lease Length: 120 years
Council Tax Band: B
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 25%, full price £190,000, £4,750 Min Deposit. Calculated using a representative rate of 4.59%