2 bedroom apartment for sale
Bloomsbury House, Guildhall Road, NN1 1AG
Share percentage 25%, full price £150,000, £1,875 Min Deposit.
Share percentage 25%, full price £150,000, £1,875 Min Deposit.
Monthly Cost: £672
Rent £218,
Service charge £245,
Mortgage £209*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Northampton, Northamptonshire
Description
Bright and modern two-bedroom apartment now available in Northampton through Shared Ownership.
The property comprises a wide living room, an open-plan fitted kitchen, and two bedrooms. This could be ideal for a couple or a single person.
The building was converted by originally an office space.
Available for £37,500 for 25% share based on the marketing figure of £150,000.
Monthly rent - £218.08
Monthly Service Charge - £244.80
Total Monthly Charge - £462.88 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationThe property is located in the city centre of Northampton, with all amenities nearby and a large supermarket just a stone's throw away.
The railway station is also just 15 minutes away, where trains can lead to London or Birmingham in roughly an hour an a half.
There are plenty of green areas in the surroundings, thanks to the Delapre Lake and River Nene.
EPC ratingEnergy rating band - C
Environmental impact band - B
Years remaining on lease: 973
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.
Other informationThe advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.
Key Features
- Two-bedroom aparment
- City centre
- Great transport links
- Modern building
- Available for 25% 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 25%, full price £150,000, £1,875 Min Deposit. Calculated using a representative rate of 5.03%
