2 bedroom apartment for sale
Highgate House, Chequers Avenue, HP11 1GQ
Share percentage 25%, full price £285,000, £3,563 Min Deposit.
Share percentage 25%, full price £285,000, £3,563 Min Deposit.
Monthly Cost: £1,124
Rent £564,
Service charge £163,
Mortgage £397*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in High Wycombe, Buckinghamshire
Description
Bright and modern apartment now available in High Wycombe through Shared Ownership.
The property comprises a wide living room with open-plan kitchen, two bedrooms and a private balcony. This could be ideal for a small family or a couple.
The flat is on the fourth floor and comes with on-site allocated parking.
Available for £71,250 for 25% share based on the marketing figure of £285,000.
Monthly rent - £564.24
Monthly Service Charge - £163.32
Total Monthly Charge - £727.56 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationThe property sits in a tranquil residential area with along the River Wye with a large supermarket and some other shops nearby. The town centre of High Wycombe is just a few minutes' drive away for more restaurants, shops, pubs and a railway station.
Road travel is quite convenient, thanks to the M40 motorway and other highways nearby. Oxford can be reached in less than an hour and London in a little over one.
Plenty of green areas and golf courses nearby, as well as schools.
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 247
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
- Two-bedroom apartment
- Private balcony
- Modern building (2014)
- On-site parking
- Available for 25% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 £285,000, £3,563 Min Deposit. Calculated using a representative rate of 5.03%