1 bedroom apartment for sale
Melrose Court, Peverell Avenue East, DT1 3EX
Share percentage 75%, full price £200,000, £7,500 Min Deposit.
Share percentage 75%, full price £200,000, £7,500 Min Deposit.
Monthly Cost: £1,683
Service charge £847,
Mortgage £836*
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 and offers beautiful views. 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 over 55s home, and a support service fee of £106.10 per week is included in the service charge calculations. This is means tested and will be payable to the Council directly. Get in touch with our Resales team for more information.
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
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £200,000, £7,500 Min Deposit. Calculated using a representative rate of 5.03%
