4 bedroom house for sale
Salhouse Road, NR13 6PG
Share percentage 25%, full price £290,000, £7,250 Min Deposit.
Share percentage 25%, full price £290,000, £7,250 Min Deposit.
Monthly Cost: £881
Rent £498,
Service charge £17,
Mortgage £366*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
The Redcar is a thoughtfully designed three-bedroom semi-detached home perfect for first time buyers.
Description
The front door opens to a spacious hallway, leading through to a fitted kitchen with double doors opening to the turfed rear garden. On the other side of the hallway is the stylish living room, also with double doors to the rear garden. The hallway is also home to the cloakroom and a storage cupboard.
Upstairs, there are two spacious double bedrooms, a further bedroom and the main bathroom. Bedroom 1 also has the added benefit of a fitted wardrobe and en suite shower room.
Outside, the Redcar features 2 parking spaces.
Tenure: Leasehold
Length of lease (years remaining): 990 years
Initial ground rent: £0.00
Annual Service charge: £206.00
Service Charge Review: April (annually)
Shared ownership (% share being sold): 25%
Council Tax Band:Tobe confirmed by the local authority on completion of the property.
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan BrochureMap
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 £290,000, £7,250 Min Deposit. Calculated using a representative rate of 4.59%
