3 bedroom house for sale
25 Swift Close, Netherfield, TN33 9FS
Share percentage 50%, full price £404,995, £10,125 Min Deposit.
Share percentage 50%, full price £404,995, £10,125 Min Deposit.
Monthly Cost: £1,661
Rent £464,
Service charge £69,
Mortgage £1,128*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
- 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.
Summary
New 3-bedroom semi-detached house at the Normandy Rise Development. The price advertised represents purchasing a 50% share of the home.
Description
New 3-bedroom semi-detached house at the Normandy Rise Development. The price advertised represents purchasing a 50% share of the home.
About the Development
Located in the quaint village of Netherfield, Normandy Rise is a brand new development which will be offering a selection of 2, 3 & 4 bedroom homes. Situated only 10 miles from the coastal town of Hastings and being surrounded by both the south downs countryside and unspoilt scenery, these homes are the perfect place to call home.
About the Area
Netherfield offers a café, post office, local primary school as well as some eateries. Battle, located around an 8 minute drive away has even more to offer with a selection of retail outlets, supermarkets, Battle Abbey and much more.
Royal Tunbridge Wells is around 35 minutes away from Normandy Rise by car and has an even wider range of amenities as well as a train station that services the Hastings and London Charing Cross routes. It can have you at London Bridge in as little as 50 minutes.
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
*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.
*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change
Key Features
- Living room with patio doors to garden
- Downstairs WC
- Separate kitchen/dining
- Flooring provided throughout
- Allocated parking
- Service charge applicable
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
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 50%, full price £404,995, £10,125 Min Deposit. Calculated using a representative rate of 5.03%
