3 bedroom house for sale
Land West Eriswell Road, IP27 9AS
Share percentage 40%, full price £336,000, £13,440 Min Deposit.
Share percentage 40%, full price £336,000, £13,440 Min Deposit.
Monthly Cost: £1,159
Rent £462,
Service charge £18,
Mortgage £679*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
The Barnwood is a thoughtfully designed three bedroom home, perfect for family life.
Description
A hallway at the front of the home provides to the spacious living room, with double doors to the garden, ideal for putting your feet up. Also from the hallway is the kitchen / dining area with a handy utility area and cloakroom.
The first floor is home to three great sized bedrooms, and the family bathroom, with the main bedroom featuring an ensuite shower room and two useful storage cupboards. Bedroom three also has the added convenience of a storage cupboard.
The Barnwood also comes complete with a garage and two parking spaces.
Tenure: Leasehold
Length of lease (years remaining): 990 years
Initial ground rent: £0.00
Annual Service charge: £221.46
Service Charge Review: April (annually)
Shared ownership (% share being sold): 40%
Council Tax Band:Tobe confirmed by the local authority on completion of the property.
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
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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 £336,000, £13,440 Min Deposit. Calculated using a representative rate of 4.59%