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1 bedroom house for sale

Available

St Margarets Crescent, IP16 4HS

£78,000 · Shared Ownership New Build

Share percentage 40.00%, full price £195,000, £3,900 Deposit.

Available
1 bedroom
1 Bathroom
Private Garden
Pets allowed
Parking
£78,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 40.00%, full price £195,000, £3,900 Deposit

Monthly Cost: £742
Rent £268, Service charge £40, Mortgage £434*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

£
Eligibility

You will be asked to carry out an in depth financial assessment by one of our Independent Financial Advisors before reservation.

Please be aware there is a local connection criteria as follows:

(a) has continuously lived in the Parish of Leiston cum Sizewell for the preceding 3 years; or

(b) has continuously had a place of work in the Parish of Leiston cum Sizewell for the preceding 3 years; or

(c) has parents or close family (i.e. mother, father, son or daughter) who are over 18 and who have lived in the Parish of Leiston cum Sizewell for the preceding 5 years.

Summary

The Friston - 1 bedroom house

Description

Flagship Homes is proud to present Picture House Green, an all-affordable development consisting of 74 one, two and three bedroom homes with 19 for shared ownership purchase.

Leiston is a short drive inland from Suffolk's Heritage Coast and the popular seaside town, Aldeburgh. The town has a range of amenities including shops, a post office, doctors, cinema and a good selection of public houses.

Please be aware there is a local connection criteria as follows:

(a) has continuously lived in the Parish of Leiston cum Sizewell for the preceding 3 years; or

(b) has continuously had a place of work in the Parish of Leiston cum Sizewell for the preceding 3 years; or

(c) has parents or close family (i.e. mother, father, son or daughter) who are over 18 and who have lived in the Parish of Leiston cum Sizewell for the preceding 5 years.

Key Features
  • range of appliances
  • shares available from 10-75% on initial purchase
  • staircasing to 100%
  • carpets and fitted flooring included
  • heating and water powered by an air source heat pump
Particulars

Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined

Virtual Tour
Map
Saxmundham (3.29 miles) Darsham (4.81 miles) Wickham Market (8.16 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes - Driveway

Outside Space/Garden: Yes - 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

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£78,000
Shared Ownership New Build
Estimated Monthly Cost:£742
Rent £268
Service Charge £40
Mortgage £434

Share percentage 10%, full price £195,000, £975 Min Deposit. Calculated using a representative rate of 5.03%


Development
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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.