A new pathway home with Share to Buy
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1 bedroom apartment for sale

Available

Auroch House, LU5 7AZ

£63,000 · Shared Ownership New Build

Share percentage 30.00%, full price £210,000, £3150 Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony
Parking
£63,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 30.00%, full price £210,000, £1,050 Min Deposit.

Monthly Cost: £794
Rent £331, Service charge £112, Mortgage £351*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Eligibility

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

Second Floor 1 Bedroom Apartment WITH PRIVATE BALCONY

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
  • Second Floor
  • 1 Bedroom
  • Allocated parking
  • Private terrace
Particulars

Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined

Property Downloads
Brochure
Map
Leagrave (2.55 miles) Harlington (3.05 miles) Luton (4.96 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes

Outside Space/Garden: n/a - Private Balcony

Year property was built: Enquire with provider

Unit size: Enquire with provider

Accessible measures: Enquire with provider

Heating: Enquire with provider

Sewerage: Enquire with provider

Water: Enquire with provider

Electricity: Enquire with provider

Broadband: Enquire with provider

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£63,000
Shared Ownership New Build
Estimated Monthly Cost:£794
Rent £331
Service Charge £112
Mortgage £351

Share percentage 10%, full price £210,000, £1,050 Min Deposit. Calculated using a representative rate of 5.03%


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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.