2 bedroom apartment for sale
Auroch House, LU5 7AZ
Share percentage 40%, full price £255,000, £5,100 Min Deposit.
Share percentage 40%, full price £255,000, £5,100 Min Deposit.
Monthly Cost: £1,024
Rent £344,
Service charge £112,
Mortgage £568*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
Ground Floor 2 Bedroom Apartment
Description
Settle are delighted to announce phase 2 of we will have brand new shared ownership homes available at Linmere. Comprising of 4 x 1 & 12 x 2 bedroom apartments, which have all been beautifully designed to complement your modern lifestyle. These apartments each have their own outdoor space and benefit from ample natural light throughout.
Please note the furniture in the images has been virtually staged.
Phase 1 is now fully reserved. There will be future phases at Linmere, we are not accepting applications for further phases at this time.
Key Features
- Ground Floor
- 2 Bedrooms
- Allocated parking
- Private terrace
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
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 40%, full price £255,000, £5,100 Min Deposit. Calculated using a representative rate of 5.03%
