2 bedroom house for sale

Available

31 Pascal Road, , LU7 3DY

£161,250 · Shared Ownership New Build

Share percentage 50%, full price £322,500, £8,063 Min Deposit.

Available
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£161,250 Shared Ownership New Build · Eligibility Eligibility

Share percentage 50%, full price £322,500, £8,063 Min Deposit.

Monthly Cost: £1,308
Rent £370, Service charge £40, Mortgage £898*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

£
Eligibility
To be eligible for shared ownership you would need to meet the following criteria:
  • Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
  • You have a deposit of at least 5% of the share value
  • You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
  • This will be your only residence.
  • You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
Summary

New build 2 bedroom end terraced house at the Hadley Grange, Clipstone Park development. The price advertised represents purchasing a 50% share of the home.

Description

New build 2 bedroom end terraced house at the Hadley Grange, Clipstone Park development. The price advertised represents purchasing a 50% share of the home.

About the Development

A new phase of two & three bedroom homes available with Shared Ownership. These homes are situated in the ever-popular development of Clipstone Park, situated on the outskirts of Leighton Buzzard.

Each property is finished to a high standard throughout and boasts a modern stylish kitchen, contemporary bathroom suites and flooring.

About the Home

This new 2 bedroom house opens into the spacious Hallway. To one side you have the separate kitchen and to the other the stairs to the first floor, with a storage cupboard and WC also leading off. The rear of the ground floor presents the lounge / dining area with door to garden.

Upstairs are two double bedrooms as well as the three piece bathroom with shower over bath.

About the Area

With unrivalled access to the A5 and just a short distance to Junction 12 and 11a of the M1, you are only 10 miles away from Milton Keynes and a stone throw away from central Leighton Buzzard where you can find all of your usual town amenities including a number of shops, cafe’s, bars and restaurants.

Shared Ownership

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. You can buy a minimum 50% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

T&Cs

*Service Charges will apply, speak to our Sales Agent for more information. Costs are subject to change.

Key Features
  1. Two double bedrooms
  2. Private garden
  3. Downstairs WC
  4. NHBC Warranty
  5. Allocated parking
  6. Flooring throughout
  7. There will be an added service charge
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Map
Leighton Buzzard (1.68 miles) Cheddington (4.99 miles) Bow Brickhill (5.60 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£161,250
Shared Ownership New Build
Estimated Monthly Cost:£1,308
Rent £370
Service Charge £40
Mortgage £898

Share percentage 50%, full price £322,500, £8,063 Min Deposit. Calculated using a representative rate of 5.03%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.