3 bedroom house for sale
25 Locker Avenue, Eagle Farm South, MK17 7EU
Share percentage 50%, full price £370,000, £9,250 Min Deposit.
Share percentage 50%, full price £370,000, £9,250 Min Deposit.
Monthly Cost: £1,496
Rent £424,
Service charge £42,
Mortgage £1,030*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
- Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
- You have a deposit of at least 5% of the share value
- You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
- This will be your only residence.
- You are a permanent UK resident or have indefinite right to remain.
Summary
Wonderful 2 bedroom terraced house in the Eagles Rest development. The price advertised represents purchasing a 50% share of the home.
Description
Wonderful 2 bedroom terraced house in the Eagles Rest development. The price advertised represents purchasing a 50% share of the home.
About the Development
Eagles rest is a wonderful new development located adjacent to the Village of Wavendon and in the heart of Buckinghamshire. Here you can own your own home surrounded by a vast selection of local amenities and great school options for those with youngsters.
The development also offers great travel and commuting options with access to London within an hour and close Motorway links.
About the Home
This plot is a brand new home. Upon entry you have the lovely and large louge area. To the rear of the ground floor you have the Kitchen/Dining area with various integrated appliances. There is also a ground floor WC and lobby area at the rear of the ground floor.
Upstairs you are presented with a square landing which leads into all rooms on this floor. There are three well presented bedrooms, both with integrated storage cupboards as well as an upstairs three piece bathroom with shower over bath.
About the Area
Buckinghamshire has many an acre of beautiful rural landscape to be enjoyed, offering hiking, walking and even picnicking opportunities. Visit Bletchley and surrounding areas as well as a large shopping centre within 4 miles of the development.
The M1 is at your doorstep, which provides easy access to other large motorway systems. Furthermore, there are regular train services to London which take less than an hour.
Shared Ownership
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. You can buy a minimum 50% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
T&Cs
*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images
Key Features
- 3 bedroom end terraced house
- Flooring throughout
- Storage space
- Modern fitted kitchen
- Allocated parking
- Private garden
- NCBH Warranty
- There will be an added service charge
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor Plan Energy CertificateMap
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 50%, full price £370,000, £9,250 Min Deposit. Calculated using a representative rate of 5.03%
