2 bedroom house for sale
14 Oak View, TQ9 5DQ
Share percentage 35%, full price £310,000, £109 Min Deposit.
Share percentage 35%, full price £310,000, £109 Min Deposit.
Monthly Cost: £1,209
Rent £450,
Service charge £45,
Mortgage £714*
Calculated using a representative rate of 6.24%
Calculate estimated monthly costs
To be eligible for Shared Ownership, you have to be:
Over the age of 18
Not currently own your property
And
Not earn more than £80000 (Total Household Income)
Meet the S106 Local Connection requirements (Where applicable)
You can apply online on the Westward website as well and register your interest in any properties that you are interested in.
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S106 Local Connection Requirements:
A local connection is also required for these properties:
Having a local connection in this instance is defined as the Parishes of Totnes Town or Totnes or Bridgetown.
1) Has been resident in the parishes for 3 out of 5 years prior to the date of the nomination
2) Has permanent employment with a minimum contract of 16 hours per week which has continued for 3 months preceding the nomination without a break in employment of more than 3 months such employment to include self-employment
3) Is a member of the immediate family (compromising parents siblings and non-dependent children) of a person who has lived in the parishes for 5 years prior to the date of the nomination
4) Has been resident in the parishes for 6 out of the 12 months preceding the nomination
5) Has been ordinarily resident in any of the parishes
Summary
Westward offer this 2-bedroom property in Totnes through Shared Ownership.
Description
Westward offer this 2-bedroom property in Totnes through Shared Ownership.
A beautifully presented 2 bed Semi-detached, two double bedroom property with allocated parking. With new carpets, built in oven and hob and energy efficient double glazing.
A well manicured, enclosed garden with shed and patio seating area. The property boasts rural views from the bedrooms and a beautiful open green space to the front of the property.
Within walking distance to local shops, town centre and local school and train station It is also on the bus route.
*****The above information has been supplied to us by the current owner*****
- Full Market Value: £310,000 (Three Hundred and ten thousand pounds)
- Share being sold: 35%
- Share Value: £108,500 (One hundred and Eight thousand, Five hundred pounds)
- Monthly Rent: £450.37
- Monthly Service Charge: £45.00
**** Please note the Length of Lease remaining is 117 Years ****
Please email sales@westwardhousing.org.uk to arrange a viewing.
Key Features
Key Features
- Lounge/Diner
- Kitchen with built in oven and hob
- Bathroom, with Shower
- 2nd WC
- 2 x Double Bedroom
- Gas Central Heating
- Double Glazing
- Allocated Parking Space
- Garden with Shed
Particulars
Tenure: Leasehold
Lease Length: 117 years
Council Tax Band: C
Property Downloads
Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes
Outside Space/Garden: n/a - 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
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 35%, full price £310,000, £109 Min Deposit. Calculated using a representative rate of 6.24%
