1 bedroom apartment for sale
Melrose Court, Peverell Avenue East, DT1 3EX
Share percentage 75%, full price £210,000, £7,875 Min Deposit.
Share percentage 75%, full price £210,000, £7,875 Min Deposit.
Monthly Cost: £1,380
Service charge £503,
Mortgage £877*
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
First floor apartment with a purpose-built wet room
Description
This one bedroom, first floor apartment is in Poundbury, Dorchester. Available on Shared Ownership resale you could buy with just a 5% deposit.
Featuring a spacious living area. The kitchen has an integrated oven, hob and hood.
The bedroom is a double. The bathroom is a purpose-built wet room.
Please note, this is an older persons property and applicants must be over 55 years old.
Please note, you can own a maximum of 75% of this home.
Please note, a local connection to Somerset, Dorset or East Devon is required. This could mean living, working or having family living in the area.
Key Features
- Spacious living area
- Fitted kitchen with oven, hob and hood
- Purpose-built wet room
- Service charge is reviewed once a year
Particulars
Tenure: Leasehold
Lease Length: 117 years
Council Tax Band: B
Property Downloads
Key Information Document Floor Plan 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 75%, full price £210,000, £7,875 Min Deposit. Calculated using a representative rate of 5.03%
