1 bedroom apartment for sale
Ashby Wood Mews, Northampton, NN5 4GZ
Share percentage 30%, full price £150,000, £2,250 Min Deposit.
Share percentage 30%, full price £150,000, £2,250 Min Deposit.
Monthly Cost: £690
Rent £235,
Service charge £204,
Mortgage £251*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Northampton, Northamptonshire
Description
This bright, modern, spacious one-bedroom apartment is now available in Northampton through Shared Ownership.
The property on the first floor was built in circa 2021 and comprises an entrance hall, a living room with a modern open-plan kitchen, one large bedroom and a bathroom.
There is covered allocated parking outside, which is perfect for couples or a single person.
Key Information Document
Available for £45,000 for 30% share based on the marketing figure of £150,000.
Monthly rent - £234.63
Monthly Service Charge - £203.79
Total Monthly Charge - £438.42 plus mortgage required for 30% share.
An annual rent increase takes place every April
LocationThis property is located in an excellent residential area in Northampton. One can benefit from a tranquil environment, convenient access to local amenities, and well-maintained surroundings, making it an ideal choice for families and individuals seeking a peaceful yet connected lifestyle.
EPC ratingEnergy rating band - B
Lease informationYears remaining on lease: 987
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
- One-bedroom apartment
- Modern building (2021)
- Private carport
- Great travel links
- Available for 30% 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 30%, full price £150,000, £2,250 Min Deposit. Calculated using a representative rate of 5.03%
