3 bedroom house for sale
Grays Close, SP7 9QB
Share percentage 40%, full price £320,000, £6,400 Min Deposit.
Share percentage 40%, full price £320,000, £6,400 Min Deposit.
Monthly Cost: £1,150
Rent £415,
Service charge £22,
Mortgage £713*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Who is it for?
As long as you are over 18
Your household income is less than £80,000
And you don’t already own a home at the time of buying your Shared Ownership property
… then Shared Ownership could be right for you
Some properties may be bound by local connection restrictions in order to make them affordable for local customers. We'll let you know if there are any restrictions in place when you are searching for a property.
Summary
3 Bed House for Resale in Motcombe
Description
3 bedroom semi detached house in the village of Motcombe. Modern fitted kitchen downstairs, large living room with patio doors. Downstairs W/C located off hallway.
Upstairs is a master bedroom with en-suite, second double bedroom and a third single. There is also a family bathroom with shower over bath.
Property has rear private garden, and driveway at the front with 2 parking spaces.
Located in a quiet cul-de-sac as part of a small modern development it is well placed in the centre of the village.
Key Features
- Modern fitted kitchen with integrated oven
- En-suite to master bedroom
- Driveway parking for two cars
- Great schools within walking distance
Particulars
Tenure: Leasehold
Lease Length: 116 years
Council Tax Band: C
Map
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 40%, full price £320,000, £6,400 Min Deposit. Calculated using a representative rate of 5.03%
