3 bedroom house for sale
58 Wagtail Walk, Axminster, EX13 5GX
Share percentage 50%, full price £275,000, £6,875 Min Deposit.
Share percentage 50%, full price £275,000, £6,875 Min Deposit.
Monthly Cost: £1,150
Rent £370,
Service charge £14,
Mortgage £766*
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
3 Bedroom Semi-Detached House in Axminster now available under Shared Ownership
Description
A modern three bedroom semi-detached house situated on the outskirts of Axminster town with an enclosed garden and two allocated parking spaces.
There is a modern kitchen fitted with a range of light grey wall and base units complimented with a grey stone effect worktop. The kitchen is fitted with an integrated undercounter oven, gas hob, extractor hood, glass splashback and a stainless steel sink and drainer. There is space for additional freestanding appliances. The kitchen/diner also benefits from a front aspect window and radiator.
The primary bedroom features is a rear aspect window and neutral carpet flooring. The L-shaped ensuite shower room comprises of a modern white suite with low-level WC, pedestal hand wash basin, walk-in shower enclosure with modern stone effect wall tiles, wall mounted shower, extractor fan and radiator.
There are also two other bedrooms; a double sized bedroomwith front aspect window and a single with rear aspect.
The modern family bathroom has a wood effect vinyl flooring, a white suite comprising of bath with shower facility, pedestal hand wash basin and low-level WC. Stone effect wall tiles, a front aspect opaque window, radiator and extractor fan.
To the rear of the property is an enclosed garden comprising of a partially paved patio area, laid-to-lawn and a concrete plinth formally a shed stand which could potentially be made into a further patio/ decking area. There is a side access gate to the path that leads to the two parking spaces for the property which are conveniently located directly behind the garden.
The property can be found in the popular residential area of Mill Brook Green occupying a convenient of local amenities.Within Axminster itself there are a range of leisure, health care and shopping amenities including both a Tesco and Co-Operative Supermarket, Swimming Pool with Leisure Centre, and a General Hospital. Axminster Station has regular train services to London Waterloo and Exeter.
*Information is correct to the best of our knowledge, please speak to the estate agent for more information*
Key Features
- Three Bedroom House
- Enclosed Garden
- Two Allocated Parking Spaces
- Open Plan Kitchen/Diner
- Ensuite to Primary Bedroom
- Close to Local Amenities
- Tenure: Leasehold (125 years from 27/09/2021).
- Share Available: 50%(£137,500).
- Shared Ownership Rent: £369.63 per month (subject to annual review).
- Lease Management Fee: £25.61 per month (subject to annual review).
- Estate Charge: £14.37 per month (subject to annual review).
- Buildings Insurance: £119.16 per annum (subject to annual review).
- Council Tax: Band C, East Devon District Council
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: C
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 50%, full price £275,000, £6,875 Min Deposit. Calculated using a representative rate of 5.03%
