3 bedroom house for sale
Mill Quern, Highfields Caldecote, CB23 7GJ
Share percentage 50%, full price £375,000, £9,375 Min Deposit.
Share percentage 50%, full price £375,000, £9,375 Min Deposit.
Monthly Cost: £1,263
Rent £191,
Service charge £28,
Mortgage £1,044*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
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
This well presented three bedroom semi-detached house offers a fantastic opportunity for first-time buyers or those looking to step onto the property ladder through 50% shared ownership.
Description
The accommodation comprises an entrance hall, kitchen/diner, reception room, three bedrooms, a family bathroom and downstairs W/C. Outside benefits from a driveway with ample parking and a private low maintenance garden.
This property has a maximum share value of 80% known as restricted staircasing.
Homemade Homes by Accent offers an exciting opportunity for you to get on the property ladder through Shared Ownership. Shared Ownership can reduce your mortgage and deposit requirements, making your dream home more achievable than you might think.
Key Features
- Shared Ownership available from 50%
- 3 Bedroom Semi-Detached House
- Tenure: Leasehold - 79 years remaining
- Car Parking: Driveway
- Council Tax Band: "C"
- Energy Rating: "C"
- Full Value £187,500
Particulars
Tenure: Leasehold
Lease Length: 79 years
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual Tour
Map
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 £375,000, £9,375 Min Deposit. Calculated using a representative rate of 5.03%
