2 bedroom house for sale
Iris Rise, Cuddington, Northwich, CW8 2ER
Share percentage 25%, full price £230,000, £5,750 Min Deposit.
Share percentage 25%, full price £230,000, £5,750 Min Deposit.
Monthly Cost: £781
Rent £439,
Service charge £52,
Mortgage £290*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a Two Bedroom House on a Shared Ownership Basis
Description
An attractive, semi-detached house which has a spacious kitchen featuring sleek white/walnut style units and integrated appliances. There is a central cloakroom and a rear reception room with access to the neatly-kept, west-facing garden. On the first floor are two very similar-sized double bedrooms plus a stylish, monochrome bathroom. Well insulated walls, roof and floor, high performance glazing and a modern gas central heating system all contribute towards a very good energy-efficiency rating. The house comes with a driveway parking space, plus shared use of a visitor space, and the nearby A556 provides a direct route west to Chester or north-east towards Manchester. Alternatively, Cuddington Station is within reasonable walking distance, or a brief cycle ride, and offers rail services between the two cities.
SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £230,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://bit.ly/2LidPM9]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Heylo.
Tenure: Leasehold (125 years from 09/05/2017).
Minimum Share: 25% (£57,500).
Shared Ownership Rent: £438.66 per month (subject to annual review).
Service Charge: £51.64 per month (subject to annual review).
Guideline Minimum Income: Dual £22,000 | Single £26,600 (based on minimum share and 10% deposit).
Council Tax: Band B, Cheshire West and Chester. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
Key Features
- Guideline Minimum Deposit £5,750
- Guide Min Income Dual £22k | Single £26.6k
- Two Storey, Two Bedroom, Semi Detached House
- Approx. 764 Sqft Gross Internal Area
- High Performance Glazing
- Bathroom plus Downstairs Cloakroom
- Rear Garden
- Parking Space + Shared Visitor Parking
Particulars
Tenure: Leasehold
Lease Length: 118 years
Council Tax Band: B
Property Downloads
Floor Plan 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 25%, full price £230,000, £5,750 Min Deposit. Calculated using a representative rate of 4.59%
