1 bedroom house for sale
Sherford - 629, PL9 8WA
Share percentage 40%, full price £167,500, £3,350 Min Deposit.
Share percentage 40%, full price £167,500, £3,350 Min Deposit.
Monthly Cost: £765
Rent £230,
Service charge £162,
Mortgage £373*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
LOCAL CONNECTION
You must have one of the following and be able to provide evidence:
- Currently living in the Council of the City of Plymouth or South Hams District Council
- Currently working in the Council of the City of Plymouth or South Hams District Council
Summary
.
Description
Second Floor
The entrance hall of this apartment has a built in storage cupboard, and leads to the large double sized bedroom and the bathroom.
At the end of the hallway, you'll find a spacious open plan kitchen and living/dining area. The kitchen includes a variety of base and wall units, an integrated oven, a hob, and an extractor fan. There are also designated spaces for a fridge/freezer and washer/dryer.
Other bits to note
1 allocated parking space
Council tax banding - TBC.
Remaining term on lease - 990 years.
*Please note that a local connection is required. You must have one of the following and be able to provide evidence:
- Currently living in the Council of the City of Plymouth or South Hams District Council
- Currently working in the Council of the City of Plymouth or South Hams District Council
While we endeavour to make our property descriptions and plans fair, accurate and reliable, they are only a general guide to the property and may be subject to change. Accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. Shared ownership homes are bought as leasehold properties, for more information speak to our team. Service charges and rent payable on the unsold equity of this property will be reviewed annually with any changes coming into effect on the 1st April each year. Your home may be at risk of repossession if you don't maintain your mortgage and rental payments.
Key Features
- Standard model shared ownership
- 1-bedrooms
- Second floor apartment
- 1 Allocated parking space
- Open plan living/kitchen/dining room
- Lease Length: 990 Years
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Energy CertificateMap
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 £167,500, £3,350 Min Deposit. Calculated using a representative rate of 5.03%
