2 bedroom apartment for sale
Balmoral House, Sierra Road, HP11 1GX
Share percentage 30%, full price £285,000, £4,275 Min Deposit.
Share percentage 30%, full price £285,000, £4,275 Min Deposit.
Monthly Cost: £1,140
Rent £493,
Service charge £171,
Mortgage £476*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in High Wycombe, Buckinghamshire
Description
This bright and modern two bedroom apartment is now available in High Wycombe through Shared Ownership.
The property on the first floor comprises of an entrance hall, a spacious living room with a modern open kitchen, two bedrooms, and a bathroom.
Outside, there is a private balcony, allocated parking and a communal outdoor space. Perfect for couples and small families.
Available for £85,500 for 30% share based on the marketing figure of £285,000.
Monthly rent - £492.51
Monthly Service Charge - £171.46
Total Monthly Charge - £663.97 plus mortgage required for 30% share.
An annual rent increase takes place every April
LocationThe flat is located 1.5 miles from High Wycombe town center, close to the main road links of the M40. There are 7 schools within 1.1 miles. Nearest train stations are High
Wycombe (1.1 miles) and Beaconsfield (3.6 miles).
Thanks to its strategic location, the property has all local amenities nearby and travel to Central London is of about an hour (to Marylebone Station).
There are also plenty of green areas nearby, such as the Penn Jubilee Wood park and some golf parks nearby.
There are also schools for all levels close by.
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 86
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 apartment
- Private balcony
- Allocated parking
- Good travel links
- Available for 30% 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 30%, full price £285,000, £4,275 Min Deposit. Calculated using a representative rate of 5.03%
