2 bedroom house for sale
St Edmunds Drive,, IP30 9JH
Share percentage 40%, full price £265,000, £10,600 Min Deposit.
Share percentage 40%, full price £265,000, £10,600 Min Deposit.
Monthly Cost: £930
Rent £364,
Service charge £31,
Mortgage £535*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Three bedroom semi-detached home with parking and contemporary fittings
Description
The Bay is a fantastic two bedroom home, with a hallway leading through to the living area at the front and the open plan kitchen/dining area at the rear, benefitting from French doors opening onto the turfed garden.
Downstairs also has the added convenience of a cloakroom and storage cupboard located between the kitchen and living area. Upstairs is home to the family bathroom and two generously sized double bedrooms, with bedroom one featuring fitted wardrobes.
Externally the home features a landscaped front garden and two parking spaces.
Tenure: Leasehold
Length of lease (years remaining): 990 years
Initial ground rent: £0.00
Annual Service charge: £376.00
Service Charge Review: April (annually)
Shared ownership (% share being sold): 40%
Council Tax Band:Tobe confirmed by the local authority on completion of the property.
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Brochure 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 £265,000, £10,600 Min Deposit. Calculated using a representative rate of 4.59%
