4 bedroom house for sale
34 Maitland Road, DE12 6QU
Share percentage 75%, full price £310,000, £11,625 Min Deposit.
Share percentage 75%, full price £310,000, £11,625 Min Deposit.
Monthly Cost: £1,526
Rent £207,
Service charge £24,
Mortgage £1,295*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
The GLA and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
- Not own another property in the UK or any other country.
- Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
- Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
- Be in full time permanent employment.
- Be a British, EU or EEA Citizen or have indefinite leave to remain in the UK.
- Have a good credit history.
Summary
4 Bedroom Detached House in Linton now available under Shared Ownership
Description
Welcome to Maitland Road, a stunning four-bedroom detached home located in the desirable area of Linton. This beautiful property boasts a modern ensuite in the main bedroom that boasts views across the local countryside. Three additional bedrooms on the first floor with the family bathroom.
The spacious downstairs features a stylish design with high-quality finishes throughout. The spacious living area leads onto the garden through patio doors. The kitchen/dining room is generous with a nicely finished kitchen and a great dining area, perfect for entertaining guests.
The rear garden is spacious and a side gate provides access to the drive and garage. The detached garage provides a great space and there is room for additional cars on the drive, so you'll never have to worry about finding a spot for your vehicle.
Located in a peaceful neighbourhood, this property offers a serene escape from the hustle and bustle of busy life. Whether you're relaxing in the living room or enjoying a soak in the bath, you'll feel right at home in this inviting space.
*Information is correct to the best of our knowledge, please speak to the estate agent for more information*
Key Features
- Four Bedroom Detached House
- Ensuite to the Primary Bedroom
- Detached Garage
- Large Kitchen/Dining Room
- Tenure:Leasehold (125 years from 26/04/2019).
- Share Available:75%(£232,500).
- Shared Ownership Rent:£207.03 per month (subject to annual review).
- Lease Management Fee:£25.54 per month (subject to annual review).
- Buildings Insurance:£149.40per annum (subject to annual review).
- Estate Charge:£23.87per month (subject to annual review).
- Council Tax:Band D, South Derbyshire District Council
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: D
Property Downloads
Key Information Document 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 75%, full price £310,000, £11,625 Min Deposit. Calculated using a representative rate of 5.03%
