3 bedroom house for sale
8 Monterey Close, EX23 8DX
Share percentage 50%, full price £260,000, £130 Min Deposit.
Share percentage 50%, full price £260,000, £130 Min Deposit.
Monthly Cost: £1,123
Rent £246,
Service charge £21,
Mortgage £856*
Calculated using a representative rate of 6.24%
Calculate estimated monthly costs
To be eligible for Shared Ownership, you have to be:
Over the age of 18
Not currently own your property
And
Not earn more than £80000 (Total Household Income)
Meet the S106 Local Connection requirements (Where applicable)
You can apply online on the Westward website as well and register your interest in any properties that you are interested in.
Summary
Westward offer this 3-bedroom property in Bude through Shared Ownership.
Description
This property is a three-bedroom, Semi-detached house. It has a fitted kitchen, a bathroom and a second downstairs WC, and It also benefits from a big lounge and a big garden and a patio area and also has a garden shed and benefits from an electric charging point
The house is in a lovely neighbourhood, close to all amenities including the beach and a canal and is within 15 minutes from the town centre.
*****The above information has been supplied to us by the current owner*****
- Full Market Value: £260,000 (Two Hundred and Sixty Thousand Pounds)
- Share: 50%
- Share Price: £130,000 (One Hundred and Thirty Thousand Pounds)
- Monthly Rent: £245.52
- Monthly Service Charge: £21.00
**** Please note this property has a short Lease and some mortgage lenders may be reluctant to lend on it. Length Of Lease remaining is 73 Years ****
Please email sales@westwardhousing.org.uk to arrange a viewing.
Key Features
Key Features
- Lounge
- Kitchen
- Bathroom
- 2nd WC
- 2 x Double Bedroom & 1 Single Bedroom
- Gas Central Heating
- Double Glazing
- Allocated Parking Space
- Garden
- Car Charging Point
Particulars
Tenure: Leasehold
Lease Length: 73 years
Council Tax Band: C
Map
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 50%, full price £260,000, £130 Min Deposit. Calculated using a representative rate of 6.24%
