Share percentage 25%, full price £399,500, £4,994 Min Deposit.
Monthly Cost: £1,298
Rent £687,
Service charge £55,
Mortgage £556*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
- Maximum joint household income £80,000 per annum
- Not own another property at the time of purchase
- Unable to afford to buy the property on the open market
Summary
The Rowan - a beautiful 3-bedroom home that provides high-quality finishes and space for you and your family
Description
Show Home now open by appointment only
The Rowan is a beautiful 3-bedroom home that provides high-quality finishes and space for you and your family. Downstairs, you will benefit from spacious open-plan living, with a large kitchen, dining, and living room, complete with access to your garden via French doors. There is also a handy downstairs WC and storage cupboard under the stairs.
On the first floor, there is a spacious master bedroom with en-suite, a further two bedrooms, and a contemporary family bathroom featuring a bath.
You can be confident that all Places for People homes at Newcourt Edge have been built to a high-quality specification and premium finish. The Rowan features Moores kitchen, Indesit appliances, Sandringham bathrooms, and turfed gardens. For more information, please speak to our sales team.
This home is available to purchase via the Shared Ownership scheme. The full market value of this property is £399,500. £99,875 represents a 25% share, Before committing to buy a Shared Ownership property, we recommend you take independent legal and financial advice.
Key Features
- Generous Room Sizes
- Off-road Parking
- En-suite to Main Bedroom
- Private Turfed Garden
- Modern Appliances
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes
Outside Space/Garden: n/a - Private Garden
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 25%, full price £399,500, £4,994 Min Deposit. Calculated using a representative rate of 5.03%
